Monthly Archives: September 2023

[News] BYD Reveals Second Model’s Price in Japan, NIO Raises Funds for Debt Repayment

Posted on 2023-09-21 by TrendForce

Source to media China Timse,  in the realm of China’s mainland new energy vehicle industry, NIO announced on the 20th that it has successfully secured $1 billion in funding through two convertible corporate bond offerings. This move aims not only …

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Surge in Production Demand for Solar N-Type Cells Observed as Battery Technology Evolution Accelerates, Says TrendForce

Posted on 2023-09-21 by TrendForce

Leveraging the superior conversion efficiency of N-type cells, the rise of cost-effective TOPCon cell technology in 2022 has seen N-type cell technology rapidly expand, inviting many solar industry participants into the competition. Currently, PERC cell technology (for producing P-type cells) …

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[News] Reports of Price Increases for Certain MCU Components as Prices Gradually Stabilize

Posted on 2023-09-21 by TrendForce

According to a report by China’s Jiwei, there have been indications of a positive turnaround in the Chinese MCU market recently. Some components are experiencing inventory replenishment, and certain MCU manufacturers have noted an upward trend in component prices, suggesting …

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Passive Component Industry Nearing Bottom, Embracing AI and Automotive

Posted on 2023-09-21 by TrendForce

In the third quarter of 2023, the passive component industry’s inventory has returned to normal levels. However, it continues to deplete due to sluggish end-demand. Nevertheless, downstream customers in the mobile phone and automotive sectors have begun rebuilding their inventories. …

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World Governments Expanding Public Charging Piles, Projected 3x Growth to 16M by 2026 from 2023

Posted on 2023-09-20 by TrendForce

TrendForce anticipates that by 2026, the global tally of public charging stations will soar to 16 million, marking an impressive threefold increase from 2023 figures. As this unfolds, the global ownership of NEVs—which includes both PHEVs and BEVs—will surge to …

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