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Jul 26, 10:54
Subverting and transforming the mobility market
COVID-19 has prompted many people to rethink life and work, and many industries to accelerate their development. Vehicle electrification has been picking up space, and the car industry and smart mobility have entered a new era promising better, faster and more efficient development.
Several Taiwan-based ICT makers and associations will participate in establishing Taiwan Advanced Automotive Technology Development Association (TADA) soon, according to the initiator Frank Huang, chairman for wafer foundry service provider Powerchip Semiconductor Manufacturing.
The world's largest motorcycle manufacturer Hero MotoCorp is planning to expand its business into Battery as a Service (BaaS) and Vehicle as a Service (VaaS). According to Money Control's statistics, India-based Hero MotoCorp has 37% market share of India's gas-powered two-wheeler market.
Swancor Holding, given large demand from Europe, China and Taiwan, is expanding its production capacity for pultrusion carbon fiber plates, which are used to make blades of offshore wind turbines, according to the company.
Wistron expects revenue from car electronics to double this year. After having partnered up with three Chinese car makers including NIO, Wistron is now looking to gain more tier-1 Japanese OEM partners for new energy cars, according to David Shen, president of Wistron Smart Devices.
DK Electronic Materials (DKEM), one of the two largest China-based makers of conductive PV silver paste used in production of solar cells, will invest CNY1.247 billion (US$192 million) to acquire DuPont's silver paste business, according to Chinese media reports.
IKKA Holdings (Cayman), a maker of precision plastic injection molded components, was successfully listed on the Taiwan Stock Exchange on May 31, 2021. DIGITIMES recently talked to Vincent Hu, chairman and COO of IKKA, about why the company focuses on plastic injection and how it is going to work more closely with automakers in China, Japan and Southeast Asia.
Delta Electronics (Thailand), the subsidiary of Taiwan-based Delta Electronics, has become the regional business headquarters and manufacturing center in India and Southeast Asia for its parent company.
Tesla's new 4680-format battery cells reportedly are facing delays as competition in the electric vehicle (EV) battery sector heats up. Taiwan-based Foxconn (Hon Hai) is clearly among those who are seeking to play a major role in the EV battery sector, having just disclosed a plan to invest in Singapore-based SES, a maker of Li-metal batteries for EVs.
A total of 38 makers of EV-use batteries have been set up in recent years in Europe, which is expected to become the world's second largest EV-use battery supply chain next only to China in 2025, according to industry sources.
Foxconn Electronics (Hon Hai Precision Industry) will cooperate with CTBC Financial Holding to set up an industry fund specifically for investing in companies engaged in electric vehicles (EVs) in a bid to boost development of EV-related industry sectors in Taiwan, according to Foxconn.
With software defined vehicles emerging as a new trend for the auto industry, automotive operating systems and software programs will become a new field of competition in the market, prompting related players to step up the development of relevant solutions, according to Digitimes Research.