Energy storage systems make renewable energy controllable, manageable, adjustable, and reduce the problems that may be caused during power delivery, according to senior director Paul Ai for Energy System Solutions Business Unit under Delta Electronics.
Output of LFP (lithium iron phosphate) batteries in China and such batteries installed in electric vehicles (EVs) and hybrid EVs in the China market began to exceed ternary batteries in July 2021 and the situation continued in August, according to China Automotive Power Battery Industry Innovation Alliance.
India-based automotive electrical component maker Lucas TVS has signed with US-based 24M Technologies for licensed use of the SemiSolid technology, which is used for manufacturing lithium-ion batteries. Lucas TVS will set up factories of such batteries across India, according to India-based Economic Times and Business Standard.
Foxconn will start to make SiC components and IR MEMS sensors, used in EVs, at its 6-inch wafer fab in Hsinchu. The company disclosed some Taiwanese companies in Foxconn's supply chains are also involved in this SiC component development. It is worth noting that Hangzhou Semiconductor Wafer has recently closed CNY3.3 billion (US$510 million) in its Series B funding round. The company's future plan to build an additional 12-inch silicon wafer manufacturing capacity might start to change the industry landscape of 12-inch silicon wafers. Taiwan OSATs have all begun to embrace backend orders shifted from Malaysia where was affected by a resurgence of COVID infections.
The penetration rate of new energy vehicles (NEV) in China has beat forecast this year, rising from 5% last year to 14% in August 2021. Although the likelihood is high that the penetration rate of EV in China could grow ahead of schedule to 30-35% by 2023, Chinese carmaker BYD said the future for the industry is still unpredictable, given the market's magnitude and rapid evolution, according to many different Chinese news sources.
Electric power, batteries, and the electronic control module are the three frameworks of electric vehicles (EVs). Having an efficient integration of the three systems is crucial to EV development, according to Andy Lee, president for Foxtron Vehicle Technologies, a new member of the Foxconn Group.
Vietnam-based electric vehicle (EV) maker VinFast has been in strategic cooperation with Taiwan-based lithium ceramic battery (LCB) maker ProLogium Technology specifically for supply of EV-use solid-state LCBs, according to vice president Thuy Le for Vingroup which is the parent company of VinFast.
In light of the rising demand for electric vehicles (EV), car chips, and lithium batteries, Chinese lithium mining companies, and battery suppliers are ramping up investment and expanding production capacity. As shipments of new energy vehicles increase, prices of raw materials for lithium batteries are also on the rise.
Climate change is changing many aspects of our everyday life. Transportation is one of them. Seeing the boom of e-bikes and the opportunities of green mobility, Marcel Yang, Giant Bicycles' special assistant to CEO, mentioned that Giant is creating an economic ecosystem in the cycling industry where all the partners can work closely together. He also shared his experience in driving innovations in this bike manufacturing company.
Tesla's project to build an energy storage facility in Hokkaido could spark an energy revolution in Japan, where development of green energy is lagging as the government scratches its head for a way to reduce carbon emissions without burdening local enterprises.
Taiwan's automotive PCB makers, including Chin-Poon Industrial, Dynamic Electronics, Tripod Technology, and Unitech PCB, have all seen clear order visibility through the fourth quarter or even the year-end, but remain cautious about their sales prospects for the months ahead due to continuous chip shortage and fluctuating pandemic conditions, according to industry sources.
Polarizer maker BenQ Materials will expand production capacity for 3-layer separator film of lithium-ion (Li) batteries through expanding existing capacity at its factory in central China and setting up a factory in central Taiwan, according to company chairman and CEO Chen Chien-chi.
India will become the third largest solar power market at 85,068MW by 2023 as prime minister Narendra Modi has set a series of ambitious goals of increasing renewable energy capacity, according to BloombergNEF (BNEF). However, the fate of India's solar industry is tied with its industrial supply chain.
Solar-grade crystalline silicon wafer and solar cell maker Sino-American Silicon Products (SAS), in line with Taiwan's goal of attaining zero carbon emissions in 2050, aims to have renewable energy take up 100% of its total power consumption by its factories and business bases around the world in 2050, according to company chairperson Doris Hsu.
Industrial computing device maker and solution developer Advantech, in line with its green energy commitment in ESG (environmental, social and corporate governance), aims to have green energy take up 50% and 100% of total power consumption by its factories in Taiwan respectively in 2026 and 2032, according to the company.
Photo couplers have been in strong demand since early 2021 and the robust demand will remain in the second half of 2021, with shipments for orders scheduled until the end of the year, according to industry sources.
The EU has proposed plans with different timeframes to reduce carbon emissions and to strengthen economic resilience against natural disasters. Germany, for instance, aims to reduce total greenhouse gas emissions by 55-56% by 2030 compared to 1990. The energy sector is responsible for 61-62% of the reduction, the construction sector for 66-67%, and the transportation sector for 40-42%. Such policies lay a huge impact on Germany's economic lifeline – the automobile industry.
Startup vendors of electric vehicles (EVs) are in much disadvantageous status in competing with international automakers to secure supply of EV batteries, for the latter have nearly monopolized the global supply of EV batteries through signing long-term supply contracts with or making stake investment in main battery makers.
India's TVS Motor is raising capital spending by 33% to INR8 billion (US$3 billion) to bring its electric motorcycle iQube nationwide and to raise monthly production of electric two-wheelers to 10,000 units by April 2022, according to Money Control.