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(AmCham Taiwan|Contributing Writer: Angelica Oung) Last September, an article in Taiwan Business TOPICS posed the question of whether Taiwan is facing a looming power crunch. Just half a year later, the question has changed to “is Taiwan’s power crunch already here?” Indeed, the authoritie...
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As a consequence of rising power battery raw material prices, a number of global new energy vehicle (NEV) brands including Tesla, BYD, NIO, Li Auto, and Volkswagen, have successively raised the sales prices of electric vehicles (EV) in 1Q22. TrendForce believes that power batteries are the core co...