China-based LFP (lithium iron phosphate) battery makers, despite increases in material cost, are willing to maintain quotes at current levels by absorbing such increases themselves, according to China-based media reports.
Government-sponsored Industrial Technology Research Institute (ITRI) will in 2021 begin a project aiming to form an ecosystem in southern Taiwan for compound semiconductor-based automotive power electronics, according to Wu Cheng-wen, senior vice president for ITRI.
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets.
Taiwan has started testing self-driving vehicles on open roads, accrding to the Ministry of Economic Affairs (MOEA).
Lithium-ion polymer battery maker SYNergy ScienTech has disclosed it will expand monthly production capacity for soft-package batteries by 25% to 4.77 million units, and button cells from 150,000 to 450,000 units in third-quarter 2021.
China-based makers of glass sheets for making PV modules have lowered quotes by over 25% in response to shrinking demand from local clients, according to industry sources.
Taiwan Power Company (Taipower) has completed a 150MWp PV power station, the largest in the country.
Taiwan-based suppliers of charging piles see huge opportunities from the US government's latest US$2 trillion infrastructure expansion that includes the electric vehicle (EV) sector.
Taiwan's Ministry of Transportation and Communications (MOTC) has set aside a budget of NT$8.5 billion (US$299 million) for 2021-2024 to promote development and production of electric buses, and use of such buses in public transportation.
The current short supply of semiconductor fab capacity is not normal, as the overall capacity should be more than enough to satisfy all demand in normal times, according TSMC chairman Mark Liu, who describes as "economically unrealistic" attempts by the US and Europe to expand their own fab capacity to satisfy all of their needs. But the short supply has been sending foundry quotes rising, with UMC and PSMC set to adjust upward their quotes by 10-20% starting April for rush orders. The eletric vehicle (EV) industry has seen fast development with rosy long-term outlook, thanks to government policy support, according to industry experts speaking at a forum on future cars held in Taipei.
Despite the pandemic-induced impacts, global electric vehicle (EV) shipments reached as high as 2.5 million units in 2020 - an achievement that has encouraged governments in advanced economies to accelerate policy formation that will be favorable to the advancement of the EV industry, according to industry experts.