Why should companies based in Taipei invest in lithium ion batteries?

Companies based in Taipei benefit from access to a skilled workforce and collaborative opportunities with leading tech firms, enhancing their capabilities in developing lithium ion battery pack manufacturers and advanced battery systems.

Why is Taiwan important for lithium ion batteries?

Taiwan has emerged as a critical hub in the global lithium-ion battery market, driven by its cutting-edge technology and robust supply chains. As demand for lithium ion battery solutions increases across various sectors, including electric vehicles and renewable energy storage, Taiwan’s strategic role becomes even more significant.

Which battery suppliers are assembling battery modules for Taiwan's ICT industry?

Nevertheless, a large part of Taiwan-based battery suppliers have been assembling battery modules for Taiwan’s ICT industry. For example, Simplo, Dynapack and Celxpert with a long-term focus on manufacturing battery modules for consumer electronics such as notebook only started to set foot in EV battery solutions in recent years

Is Taiwan's battery industry backed by well-known brands?

TAIPEI. As electric vehicle (EV) development becomes a global effort, batteries that play a vital role to EVs' cost-performance ratios are a focus to manufacturers with ambitions to expand in the EV market Taiwan's battery industry may not be backed by well-known brands and abundant natural resources.

Should Taiwan invest in solid-state batteries?

Taiwan should also seek joint development opportunities from international manufacturers. By leveraging Taiwan’s accumulated experience and technological strength in the ICT sector to help expand the applications for solid-state batteries, Taiwan-based battery suppliers still have a shot at establishing market presence.

Is Taiwan a good place to buy EV batteries?

Taiwan does not have a large presence in manufacturing automotive EV batteries but is gaining ground in smaller EVs such as E-bikes and E-scooters. These sectors are likewise being heavily pushed particularly in Europe where public transportation is now out of favour with a Covid-wary public.