News

2022 EV Sales Figures in Taiwan: BMW Outperforms Kia by Units Sold

published: 2023-01-05 17:44
In 2022, the EV market continued to thrive. According to the annual figures of vehicle sales among EV makers, Tesla was the unquestionable leader and topped the list by a wide margin. What surprised the market was that the pricey BMW iX delivered a stronger sales performance than the much more economical Kia EV6. ...  more

Enpack Enters Market for Battery Materials and Will Invest RMB 3 Billion to Build Plant for Manufacturing Composite Copper Foil in Jiangsu

published: 2023-01-05 9:30
Enpack, a major Chinese supplier for metal packaging solutions, announced on December 23 that it signed a letter of intent on cooperation with the administration of Gaoyou Development Zone. According to this letter, Enpack will invest around RMB 3 billion to build a plant for manufacturing composite copper foil and aluminum foil used in Li-ion batteries that power new energy vehicles. The Gaoyou Development Zone is located in China’s Jiangsu Province. ...  more

Why the Success of Hybrid Vehicle Business is an Obstacle of Japanese Electric Cars?

published: 2023-01-04 9:54
Japan is no doubt a major automobile producer. However, the thriving electric vehicle market is now dominated by Chinese and other western automakers, which together capture 90% of total EV sales. Japanese players—which used to have full control over the EV market—now only secure a market share of lower than 5%. A major reason is probably the overwhelming success of their hybrid car business. ...  more