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Tesla Takes Leadership Position in BEV Market While European Automakers Dominate Top Four PHEV Spots in 2020, Says TrendForce

15 December 2020

The dual stimuli of policies and legislative changes for new energy vehicles (NEV) have brought about a corresponding growth of battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) in 2020, according to TrendForce’s latest investigations. Market data compiled by TrendForce indicate that combined yearly sales of BEV and PHEV in 2020 reached about 2.4 million units, a 19.8% increase YoY. Aside from the vehicles’ sales growth against industry headwinds generated by the COVID-19 pandemic, there has been a noticeable change in the market share and sales ranking of NEV manufacturers this year owing to the increased number of models released as well as the growth of markets outside of China.

New Energy Vehicle Sales Grow Against Headwinds by 19.8% in 2020, with Significant Growth Expected for 2021, Says TrendForce

27 November 2020

Thanks to subsidies by various governments worldwide, the New Energy Vehicle market, including BEVs and PHEVs, maintained a positive growth in sales performance despite the major downturn experienced by the overall automotive market, according to TrendForce’s latest investigations. Total New Energy Vehicle sales for 2020 are expected to reach 2.4 million units, a 19.8% increase YoY.

Key Summaries from TrendForce's Annual Forecast 2021 Event

16 October 2020

TrendForce today (Oct. 16) held its Annual Forecast 2021 event at the NTUH International Convention Center. Key summaries of the event can be found here.

TrendForce Announces Top 10 Tech Industry Trends for 2021

6 October 2020

In this release, TrendForce provides its forecast of 10 key trends in the tech industry for 2021.

Smart Manufacturing Becomes Key to Enterprise Survival in Post-Pandemic Era with Forecasted Revenue of US$400 Billion in 2024, Says TrendForce

17 August 2020

Integrating smart manufacturing remains the key to enterprise survival in the face of the COVID-19 pandemic, according to TrendForce’s latest investigations. In addition to furthering the technical development of AR, teleoperation, and computer vision, smart manufacturing brings about other palpable benefits such as reducing human labor, and thus facilitating social distancing, through the adoption of unmanned transport machines, such as AGV (automated guided vehicles) and AMR (autonomous mobile robots). The global smart manufacturing market is expected to reach total revenue of US$400 Billion in 2024, with a 10.1% CAGR during the 2020-2024 period, as advancements in remote and contactless technologies contribute to the bulk of this growth.

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