News

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

Acura’s first BEV has revealed its design, and is currently undergoing road tests. Honda stated that this new vehicle will officially release in 2023. ...  more

According to the latest data of SolarPower Europe, Europe had installed 650K units of residential battery energy storage systems in 2021, and has now exceeded a million units in 2022. ...  more

Foxconn Interconnect Technology (FIT) announced today to be acquiring German automotive component supplier Prettl SWH for EU€186 million (approx. NT$6.1 billion) that will further expand the former’s capability in key EV components. ...  more

The demand for batteries is bound to surge under the continuously robust development of EVs in the future. South Korean battery company LG Energy Solution (LGES) announced to invest KRW 4 trillion (approx. US$3.1 billion) between 2022 and 2026 in expanding its production of EV cylindrical batteries in the country. ...  more

In March 2022, the National Development Council (NDC) in Taiwan announced the “Pathway to Net-Zero Emissions by 2050” campaign, planning to spend NTD 900 billion (approx. USD 29.27 billion) before 2030 to achieve net zero emissions and propose 12 major strategies later this year. ...  more

Differentiating from traditional solar panels, thin and flexible thin-film solar panels are capable in additional application possibilities, and can be applied on various irregular and curved surfaces. Massachusetts Institute of Technology (MIT) has now developed a solar cell that is even thinner than a hair, which can be used from ePaper to lightweight wearables. ...  more

This year saw the worst share price performance of Tesla, but it did not affect the confidence among small retail investors on Tesla and its CEO Elon Musk. ...  more

Giga Shanghai is the most important production base of Tesla, and is regarded as a miracle in the history of automotive production by being able to deliver within a year after groundbreaking and construction, as well as elevate capacity to more than 600K units within 3 years. ...  more

CNGR, a major Chinese supplier for Li-ion battery cathode precursors, announced on December 15 that it has shipped its initial batches of iron(III) phosphate to clients from its new production line in Guizhou. ...  more