News

Annual Inflation of 3% is the Price to Pay for the Transition to Clean Energy

published: 2021-11-10 9:30
What is the cost for the global economy in decarbonization and the transition to clean energy? One of the reports from the Bank of America has probed into the degree of climate change and the cost behind such effort, and estimates that the attainment of zero emission within 30 years would require an expenditure of US$5 trillion each year. ...  more

Bill Gates: Petroleum Giants to Collapse and Become Valueless After 30 Years

published: 2021-11-10 9:30
According to the coverage of foreign media AXIOS, Microsoft founder Bill Gates mentioned during COP26 last week that the world’s extrication from fossil fuels by adopting additional green energy and renewable energy has put petroleum giants, who have dominated the market for over a century, into a predicament. Gates predicted that several petroleum giants will start to collapse and be “worth very little” after 30 years. ...  more

Pepsi CEO: First Delivery of Tesla Semi to Happen This Quarter

published: 2021-11-09 9:30
The anticipated electric truck Tesla Semi is finally getting delivered for the first time this quarter. What is interesting is that this particular piece of news came from the CEO of Pepsi, instead of Musk who recently changed his Twitter name. ...  more

Sheep Used as Natural Lawnmowers for Solar Power Plants

published: 2021-11-09 9:30
Animal husbandry may be paired with the development of solar power to eliminate issues such as land conflicts, and sheep can be used as natural lawnmowers for solar power plants to establish another form of solar “farm”. ...  more

Limited Edition “Aerial Scooter” Releases in Japan Costing More Than a Rolls-Royce

published: 2021-11-09 9:30
Aerial scooter is not just a dream now. Japanese UAV manufacturer A.L.I. Technologies has released an aerial scooter Xturismo, and 200 units are expected to ship before the first half of 2022. The scooter has a price tag of JPY 77 million (approx. NT$19 million), which is even more pricey than a Rolls-Royce. Preorders are available now. ...  more

Wistron Participates in SEO at No More Than NT$1.8 Billion for Master Transportation to Expand EV Investment

published: 2021-11-09 9:30
Wistron recently convened a board meeting, which not only passed the third quarter financial report for 2021, but also approved the proposal that is related to the company signing a letter of intent for share subscription within NT$1.8 billion to participate in the seasoned equity offering (SEO) of Master Transportation that will expand the layout of EVs. ...  more

Construction Begins for a 100MW Solar-Plus-Storage Project in Jinhua

published: 2021-11-08 9:30
A groundbreaking ceremony for the construction of a 100MW solar-plus-storage project in Pan’an County was held on October 22, according to an announcement from the county government. The event was attended by local government officials. Pan’an County is under the administration of Jinhua, a city in China’s Zhejiang Province. ...  more

Israel Startup Announced 2-Seater Electric VTOL

published: 2021-11-08 9:30
Electric vehicles are seizing the mainstream status of the auto market, though electric flying cars, officially referred to as electric vertical takeoff and landing (eVTOL), have been proposed by numerous startups. Israeli startup AIR announced in October 2021 its new eVTOL, which is scheduled to release in the US during 2024. ...  more