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Wednesday 3 January 2024
Indian EV sales surge moderates in 2023, yet remains explosive
Official data shows that electric vehicles (EVs) accounted for more than 6% of vehicle sales in India in 2023, with electric two-wheelers (E2Ws) constituting over half of the marke...
Wednesday 3 January 2024
SK On to see EV battery production capacity grow by 70% in 2024
South Korean battery makers are expected to increase production capacity significantly in 2024. With its expansion in China and Hungary, SK On will see its capacity grow by 70%. LG...
Wednesday 3 January 2024
China consolidates rare earth industry amid falling market share in production
In an era when rare earths are required for major green technologies, China consolidated its rare earth industry, as the dominant provider saw its rare earth production share drop...
Wednesday 3 January 2024
BYD beats Tesla in 4Q23 BEV sales
The world's two largest EV makers, Tesla and BYD, achieved record sales in the fourth quarter of 2023. BYD even dethroned its US competitor with a passenger battery EV sales volume...
Tuesday 2 January 2024
Suppliers take different approaches to grow AC, DC charging markets
Charging infrastructure deployment and management create new opportunities for businesses as EVs rise. Some Taiwan-based technology companies have expanded to the charging segment,...
Tuesday 2 January 2024
Japanese carmakers see battery EV sales increase while far below targets
The battery EV sales of Japan-based automakers grew in 2023, but the growth rate did not meet their expectations. These companies have been developing all-solid-state batteries to...
Tuesday 2 January 2024
China sees two EVs powered by sodium-ion batteries rolled off production lines
The world's largest automotive market recently welcomed two sodium-ion-battery-powered EVs. Both cars offer a driving range of about 250 kilometers. Whether the vehicles can become...
Thursday 28 December 2023
With major US orders in hand, battery maker FEII optimistic about 2024
Formosa Electronic Industries (FEII) has been actively shifting toward an energy aggregation business model. However, revenue and profits in the first three quarters of 2023 have...
Wednesday 27 December 2023
Notebook battery module caught in EV price storm in China
The decline in EV sales and hasty expansion has led to "involution" within Chinese battery cell makers, impacting the notebook battery module supply chain. Raymond Sung, GM of notebook...
Wednesday 27 December 2023
Traditional industrial conglomerates and electronics giants are the two main drivers of Taiwan's BTM energy storage market, says DIGITIMES Research
According to the International Energy Agency (IEA), to achieve net-zero emissions by 2030, energy storage systems will play an expanded role in maintaining flexibility in the grid...
Tuesday 26 December 2023
China's micro EVs doomed by updated purchase tax exemption rules
The Chinese government recently revised the eligibility for EVs to be exempted from the purchase tax. The new rules require the vehicles to offer a longer driving range and higher...
Tuesday 26 December 2023
SK On boosts battery investment despite global EV market slowdown
South Korean battery manufacturer SK On is bolstering its domestic battery production capacity with a substantial investment of KRW 1.75 trillion (US$1.34 billion), an increase of...
Tuesday 26 December 2023
Building sound EV battery material supply chains
The electrification of road transportation stands as a revolutionary force, a light of hope in the global quest to curb greenhouse gas emissions and combat climate change. This groundbreaking...
Tuesday 26 December 2023
Four Japanese carmakers to inject US$4.34 billion for Thailand's EV transition
The Thai government announced that major Japan-based automakers plan to invest THB150 billion (US$4.34 billion) in Thailand over the next five years, which is expected to facilitate...
Tuesday 26 December 2023
For Billion Electric, green energy and network expertise bring unprecedented opportunities
Noted power supply and network communications equipment manufacturer Billion Electric Group has seen stellar progress in its transition, with green energy products (including solar...
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Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research