News

Automotive Giants Forced to Reduce Operation Amidst Chip War

published: 2021-02-01 9:30
A perfect storm has been seen in the semiconductor industry after the global pandemic, where the surging demand for electronics has resulted in a shortage of chips, and the increasing number of chip adoption for automobile has prompted numerous major automotive manufacturers to postpone production plans, for which the phenomenon may decelerate at least 6 months after, according to insiders of the industry. ...  more

Volkswagen’s Total Auto Sales for 2020 Declines by 15%, Save for Its Tripling EV Sales

published: 2021-01-28 18:30
Volkswagen on January 14th announced its global sales figures for 2020, which suffered a substantial 15% YoY decline due to the COVID-19 pandemic, although VW BEV and PHEV sales each increased by 300% and 270% YoY during the period against market headwinds. The company previously known for its “das auto” slogan sold a total of 9.305 million cars last year. ...  more

Tian Li Sends Technicians to Denmark for Further Training That Will Help Build Taiwan’s Supply Chain for Offshore Wind Turbines

published: 2021-01-28 9:30
Professional talents and technologies are the lifeblood that sustains the growth of an industry. As Taiwan gradually forms a domestic supply chain for offshore wind energy, Tian Li Offshore Wind Technology Co. Ltd. is sending 53 technicians to Denmark to receive training in the manufacturing of the blades of offshore wind turbines. The three-month program is designed to fill a major gap in the supply chain. Established in 2009, Tian Li specializes in the production and maintenance of turbine blades. ...  more

US Solar Stocks Multiplied Amidst the Appalling Performance of Energy Stocks in 2020

published: 2021-01-27 18:30
The demand for energy had drastically reduced under the raging of the global COVID-19 pandemic in 2020, and almost all traditional energy-related industries had sustained deteriorating performance, followed by descending stock prices, though it was entirely opposite for new energy. The US solar stocks rose monumentally in 2020, and the stock prices of numerous solar industry chains were also multiplied. ...  more

PGO Releases Its Light-Duty Electric Scooter Ur2 with Sub-NT$40,000 Base Price

published: 2021-01-27 9:30
PGO has officially announced the Ur2 Plus light-duty e-scooter, which carries a green license plate in Taiwan and features a wheel hub-integrated motor and single-cell battery. Not only does the Ur2 come with a plethora of available accessories, but it can also be had for as little as NT$40,000 thanks to its various financing options. ...  more

Demand for Raw Materials Used in Battery Production Will Surge as EV Market Expands

published: 2021-01-26 18:30
The rapid growth of the global market for EVs in the recent period has also led to a massive increase in the demand for Li-ion powertrain batteries. As a result, battery and car manufacturers are now in a fierce competition for the various raw materials used in battery production. These materials include common metallic and non-metallic elements such as nickel, aluminum, phosphorous, and iron. According to reporting from Bloomberg, demand will grow 14 folds for nickel and aluminum over the next decade, whereas phosphorous and iron will see demand increase by 13 folds during the same period. ...  more