Industry News

The global chip shortage emerged in 2020 and is an ongoing problem where the demand for integrated circuits such as computer chips is greater than supply. (Source: Quardia Inc. - stock.adobe.com)

In Europe, market growth in 2021 was only slightly behind the Asian and American growth rates at 8 %. (Source: Yellow duck - stock.adobe.com)

The European Chips Act comes too late for many of the respondents and contains too low volume to achieve the planned goal of producing one fifth of all chips worldwide in Europe. (Source: valerybrozhinsky - stock.adobe.com)

The newly formed Semikron Danfoss joint business will be owned by the current owner-families of SEMIKRON and the Danfoss Group, with Danfoss being the majority owner. (Source: ASDF - stock.adobe.com)

Toyota intends to increase its combined battery production capacity in Japan and the United States by up to 40 GWh. (Source: xiaoliangge - stock.adobe.com)

The new factory for the next generation of supercapacitor cells in Markranstädt is scheduled to start production in 2024 and produce up to twelve million cells a year. (Source: Siemens AG)

The German market dominated the European battery energy storage system market by country in 2020, and is expected to continue to be a dominant market till 2027. (Source: Yingyaipumi - stock.adobe.com)

New IRENA report shows almost two-thirds of renewable power added in 2021 had lower costs than the cheapest coal-fired options in G20 countries. (Source: maykal - stock.adobe.com)

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