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Asia Ranks First in 2019-2024 BESS Market CAGR, Says TrendForce

2020/02/13

Energy

According to the EnergyTrend research division of TrendForce, the integration between centralized generation and distributed smart grid is an inevitable trend in smart city initiatives. Global BESS installation capacity is expected to reach 3.2GWh in 2020, with a 22% CAGR from 2019 to 2024.

Press Releases
HEVs Already an International Trend, With China's Electric Cars Moving Towards Diversification, Says TrendForce

2019/08/01

Energy

Thanks to China's new point-based quota system for new energy vehicles and the enlarging scale of European, American and Japanese markets, opportunities in the HEV market have attracted much interest. EnergyTrend, a division of TrendForce, predicts that global HEV market share will reach 5% in 2019, whereas that for pure electric vehicles will stand at only 2%.

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