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EV Inverter Installations Reached 7.14 Million Units in 4Q23, with BEVs Being the Largest Demand Driver, Says TrendForce

2024/03/21

Emerging Technologies

TrendForce’s latest market report on EV installers reveals that their global installation volume reached 7.14 million units in 4Q23—a roughly 12% increase from 6.39 million units in 3Q23. This growth is primarily due to the increase in EV sales in the last quarter compared to the third quarter. Among these, the inverter market’s main driving force comes from BEVs.

Press Releases
Driven by Global Government Initiatives: A Surge in Public Charging Piles Expected—16 Million by 2026, Tripling 2023 Figures, Says TrendForce

2023/09/20

Emerging Technologies

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 96 million.

Press Releases
Solid-State Battery-Equipped NEVs Poised to Rival Gasoline Vehicles in Range, Expected to Enter Mass Production by 2030, Says TrendForce

2023/07/11

Energy

TrendForce’s report on the “Development of Solid-State Batteries for NEVs” has news for the EV industry: Automakers are actively ramping up their investments and research into solid-state batteries.

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