News

Hyundai Establishes Hydrogen Fuel Cell Company Expected for Production in Second Half of 2022 and a Preliminary Annual Production Capacity of 6,500 Units

published: 2021-02-02 9:30
Hyundai has officially announced the investment agreement with the government of the Guangzhou Development District on the establishment of the Hyundai Fuel Cell System (Guangzhou) Co., Ltd., where Hyundai will become the first global automotive manufacturer to set up a production base for hydrogen fuel cell systems in China, which will also be the first overseas production base of hydrogen fuel cell systems for the company. ...  more

Debut of the Solar Energy and Flow Battery Combination Amidst Increasing Energy Storage System Solutions

published: 2021-02-01 18:30
Numerous power plants have chosen to work with energy storage systems in order to store the excess power of renewable energy and achieve stable power grids, including the common and the rapid responding lithium ion battery energy storage system, though there are additional choices, such as pairing up solar and tidal power plants with vanadium flow batteries (VFB). ...  more

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