Sponsored content by FusionManufacturers Reassess their Supply Chains Prevailing obstacles since the COVID-19 Pandemic in 2020 have manufacturers reassessing their supply chain strategies. The following major disruptions that occurred entering 2022 added to existing setbacks, or created new ones altogether:
NEV market grew in 1Q22 – global sales exceeded 2M units
May 16, 2022According to TrendForce data, total sales of new energy vehicles (NEVs including battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles) in 1Q22 was 2.004 million units, an annual growth rate of 80%.
Fluke launches new European HQ in Eindhoven
May 09, 2022Fluke, a manufacturer of compact, professional electronic test and measurement tools and software, has today announced the launch of its new European Headquarters in Eindhoven, Netherlands, which includes a 400 square metre customer experience centre.
Reducing the cost of batteries will become more important
April 19, 2022As 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 in 1Q22.
Volvo and Northvolt to create new battery plant in Gothenburg
February 04, 2022Volvo Cars and Northvolt have selected Gothenburg as the location fo a new 50 GWh battery manufacturing plant which will commence operations in 2025.
SemiFive acquires Hanatec
December 15, 2021SemiFive announces it has acquired Hanatec Co. Ltd., an official Samsung Foundry Design Solution Partner (DSP) and provider of ASIC design services.
Automotive LED market value forecast to reach $3.51 billion
December 14, 2021TrendForce’s 2020-2021 Global Automotive LED Product Trend and Regional Market Analysis research indicates, the global penetration rate of LED headlights exceeds 60% in 2021 with penetration in new energy vehicles (NEV) exceeding 90%, according to TrendForce’s latest investigations.
Annual automotive MLCC demand for 2021 to reach 449B Pcs
November 08, 2021Various MLCC suppliers’ book-to-bill ratios as well quarterly shipments for 4Q21 now show signs of decline, according to TrendForce’s latest investigations.
Tesla wants (again) Samsung chips in new Cybertruck
September 27, 2021According to a report in Korean media, Tesla is currently in talks with Samsung Electronics to produce its next-gen (fully self-driving) chip, which is to premiere in next year's Cybertruck model.
Germany hands over EUR 120 million to Tesla
September 14, 2021The German Federal state of Brandenburg wants to contribute EUR 120 million to the funding of the planned Tesla battery factory in Grünheide near Berlin. The Ministry of Economy has confirmed that the Budget Committee has released this sum from the Future Investment Fund.
Global satellite revenue for 2022 to reach $295B, SpaceX leads
September 08, 2021In the global satellite market, LEO (low earth orbit) satellites currently hold the most significant advantage in terms of developmental potential due to their closer proximity with earth and their relatively lower latency, radiation, and cost compared to HEO (high earth orbit) and MEO (medium earth orbit) satellites, according to TrendForce.
Skeleton Technologies brings in additional capital
July 14, 2021On the first of July, Skeleton Technologies, announced the successful closing of a further EUR 29 million in its Series D financing. The total financing in Round D amounts to EUR 70.4 million.
NEV sales for 2021 projected to reach 4.35 million units
June 24, 2021As the pace of electrification accelerates in the global automotive market, and various governments worldwide implement subsidy policies that encourage consumer EV purchases, sales of new energy vehicles (NEV, which includes both BEV and PHEV) are continuing to rise as well, according to TrendForce’s latest investigations.
CATL plans a new battery plant in Shanghai
June 03, 2021China's CATL is reportedly planning a new, major, automotive battery plant to be located in Shanghai.
Police investigating possible arson at Tesla site in Berlin
May 27, 2021The Brandenburg police are investigating whether the fire that broke out early Wednesday morning (May 26, 2021) near the construction site of Tesla's first European gigafactory is a possible arson.
Elon Musk: “10’000 people needed for Giga Texas”
April 01, 2021The Tesla CEO recently took to twitter stating that the electric vehicle manufacturer will need over 10’000 people for its Giga Texas plant “just through 2022”.
Germany backs development of ultracapacitor production technology
March 12, 2021Skeleton Technologies has announced plans to develop new production technology and fully automate manufacturing in its Großröhrsdorf factory.
Strong growth expected for third-gen semiconductors in 2021
March 11, 2021The third-generation semiconductor industry was impaired by the US-China trade war and the COVID-19 pandemic successively from 2018 to 2020, according to TrendForce’s latest investigations. But now a rapid upturn is expected.
Tesla gets building permit for warehouse in Grünheide
March 03, 2021Tesla can go ahead with the construction of a warehouse in Brandenburg (Germany); planned next to the GigaBerlin factory in Grünheide (currently being build). Local media reports that the administrative district has given the appropriate approval.
Global EV sales finished strong in the final months of 2020Load more news
March 02, 2021Global sales of NEV (new energy vehicles, which include both BEV and PHEV) skyrocketed in the final two months of 2020, with various models setting historical sales records, according to TrendForce’s latest investigations.