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NEWS TAGGED TECO
Tuesday 2 July 2024
Taiwan-based TECO secures EV power system orders in India
TEMICO, a TECO Electric and Machinery (TECO) subsidiary in India, has secured 55,000 orders for EV power systems.
Wednesday 22 November 2023
Commercial powertrains drive Teco's push into India market
Teco has been actively expanding its electric vehicle (EV) efforts, seeking to produce powertrain systems integrating motors, drivers, gearboxes, and EV charging stations. Although...
Wednesday 25 October 2023
GenAI stokes biz opportunities for software, hardware integration
The generative AI wave has driven the demand for hardware upgrades, increasing the opportunities for software and hardware integration at different sizes of suppliers. To cash in...
Wednesday 20 September 2023
Taiwan, US delegations explore cybersecurity, 5G, EV cooperation and investment opportunities at Taipei forum
A Taiwan-US supply chain partnership forum held in Taipei alongside the US Business Day on September 19 saw delegations of government and corporate representatives from both sides...
Monday 4 September 2023
AI badly needed to optimize engineering simulation at defense, thermal module sectors
The ongoing AI boom benefits not only software developers but also industrial design and simulation software vendors, with Taiwan Auto Design Co. (TADC), a veteran distributor of...
Thursday 24 August 2023
TECO imparts business transformation and net-zero supply chain strategies
With the global manufacturing industry moving toward net-zero carbon emissions, Taiwan-based electric machinery company TECO is transforming into a solution provider to help its customers...
Monday 17 April 2023
Taiwanese ICT players keen to develop diverse EV power solutions
Many Taiwan-based ICT and electro-mechanics players, including Foxconn Technology, Delta Electronics and Teco Electric & Machinery, have been keen to roll out diverse EV solutions...
Tuesday 17 January 2023
Teco Electric & Machinery acquires PV EPC company
Teco Electric & Machinery has signed with Shine Energy, a Taiwan-based PV EPC (engineering, procurement, construction) undertaker, for Teco's subsidiary Anneng Green Energy to...
Wednesday 16 November 2022
Teco to start production in India in 1Q23
Teco Electric & Machinery will complete construction of a factory in India by the end of 2022 and begin production of motors there in first-quarter 2023, according to company...
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...