As the global market sustained the severe impact from the COVID-19 pandemic during 2020, Taya managed to expand its business territory, and produced a combined revenue of NT$18.3 billion, alongside a new high in earnings per share (EPS) at NT$1.45. Looking ahead to the future, Ryan Shen, Chairman of Taya Group, commented that the company’s revenue has been relatively affected by the international copper price, which exceeded US$9,000/ton prior to Chinese New Year, and is expected to surpass NT$20 billion, while the profit is anticipated to march towards NT$1 billion. ...  more

Tesla is in the process of hiring 10,000 employees at its Texas-based Gigafactory to strengthen manufacturing efforts for such models as Model 3, Model Y, Cybertruck, and Semi. ...  more

Competition in the global EV battery market has been intensifying. Case in point, according to Korean energy research consultancy SNE Research, the three major Korean EV battery manufacturers saw their market shares plummet in January and February this year under mounting pressure from Chinese competitors, among which CATL and BYD saw significant growths. ...  more

Replacing fossil fuel vehicles of internal combustion engines with electric vehicles has become an apparent tendency, where many have started to target at transportation outside of vehicles, including electric boats and planes, and believe that fully electrified transports are on the horizon, which means that engines that utilize fossil fuel are marching towards the end. However, major aircraft engine manufacturer Rolls-Royce believes otherwise. ...  more

2020 is the year of transformation from a supplier of production equipment to a leading technology manufacturer of solar cells and solar modules Largest Swiss distributor of solar products adds Meyer Burger to its portfolio Market launch planned for 27 April, delivery starting in July Meyer Burger's solar modules can be ordered from Solarmarkt and other distribution partners beginning with the market launch For the distribution of its new high-performance solar modules in Switzerland, Meyer Burger will partner with Solarmarkt GmbH. The largest distributor of solar products in Switzerland is the first official distribution partner announced by the company. ...  more

Apple has announced that over 110 manufacturing partners from its production line will be adopting 100% renewable energy, and investing in nearly 8GW of clean energy. The realization of these promises will reduce over 15 million tons of carbon dioxide emission each year, which equals a decrement of 3.4 million units of vehicles on the road. ...  more

VRB Energy, a developer of energy storage solutions based on vanadium redox batteries (VRBs), announced on March 15 that it has signed a framework agreement with the municipal government of Xiangyang to supply energy storage equipment for a local PV-plus-storage project. VRB Energy is formerly known as Pu Neng and has offices in Vancouver and Beijing. ...  more

It appears that another automaker is planning to phase out its internal combustion engine (ICE) vehicle production in the near future. MINI, a BMW-owned brand, announced recently that it will go fully-electric by 2030. By 2025, it will introduce its last fossil fuel vehicle. ...  more

Tesla on April 3rd announced its delivery and production figures, which not only exceeded the forecast of the analysts, but also broke a new record as the best delivery result in the first quarter. ...  more