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NEWS TAGGED TECO
Tuesday 25 October 2022
Teco to cooperate with ABB to tap offshore wind power substation market in Taiwan
Teco Electric & Machinery has signed a letter of intent with ABB for cooperation to tap the Taiwan market of offshore wind power substations, according to Teco.
Monday 22 August 2022
Teco Electric & Machinery to complete factory in India at end of 2022
Teco Electric & Machinery is constructing a factory in India and will complete it at the end of 2022, according to company president Thomas Fann at an August 16 investor confer...
Monday 30 May 2022
Teco expects revenue proportion for EV-use products to rise to 5-10% in 5 years
Teco Electric & Machinery expects the percentage of consolidated revenues for products used in electric vehicles (EVs) to increase to 5-10% in five years, according to company...
Friday 22 April 2022
Teco Electric & Machinery to set up 60MW energy storage system for Taipower
Teco Electric & Machinery has won an open bid at NT$2.6 billion (US$91.2 million) for setting up an energy storage system with an installed capacity of 60MW for state-run Taiwan...
Wednesday 20 April 2022
Taiwan charging infrastrucutre outpaced by EV growth
Demand for electric vehicle (EV) charging stations and charging piles continues to grow, as the EV penetration rate increases. Charging stations are the most important piece of infrastructure...
Thursday 7 April 2022
Teco expects growing demand for energy storage systems
Electric machinery maker Teco Electric & Machinery expects demand for energy storage systems to be strong in Taiwan where a large number of offshore wind turbines will be completed...
Wednesday 25 August 2021
Taiwan-based companies strengthen pandemic prevention measures in Vietnam factories
The resurgence of COVID-19 infections has prompted the Vietnamese government and companies operating in the Southeast Asian country to tighten pandemic prevention measures.
Wednesday 14 July 2021
Teco, Phihong to jointly produce EV power charging piles in US
Teco Electric & Machinery and power supply maker Phihong Technology will cooperate to produce levels 2 and 3 fast power charging piles for electric vehicles (EVs) in the US, according...
Tuesday 20 April 2021
Teco eyes PM generators in offshore wind farms
Teco Electric & Machinery has signed cooperative framework agreements with international offshore wind farm developers and makers of PM (permanent magnet) generators for supply...
Wednesday 14 April 2021
Teco invests in ZEPT
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...
Thursday 25 March 2021
Teco to set up factory in India
Teco Electric & Machinery will set up a factory in India on a joint venture basis with Japan-based Mitsui to produce industrial motors, electric vehicles (EV) motors and frequency...
Wednesday 24 March 2021
Microsoft, CHT, Teco team up for Industry 4.0
Microsoft, Chunghwa Telecom (CHT) and Teco Electric & Machinery will cooperate to promote Industry 4.0 in Taiwan by integrating Microsoft's cloud computing technology and services,...
Tuesday 2 February 2021
Teco joins MIH
Electric machinery and home appliance maker Teco Electric & Machinery has joined MIH Alliance in a bid to collaborate with other members to boost development of electric vehicles...
Monday 24 August 2020
Teco developing EV motors
Teco Electric & Machinery is developing EV-use power modules consisting of torque motors and drives targeting the electric bus segment, according to company acting president George...
Monday 27 July 2020
Teco kicks off onshore construction supporting offshore wind farm development
Teco Electric and Machinery has recently held a groundbreaking ceremony for the construction of onshore electric facilities that will be used to support the two offshore wind farms...