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Traction Inverters Market Positive Demand Outlook, Supportive Valuations | STMicroelectronics, Voith,Mitsubishi Electric, American Traction Systems

Traction Inverters Market Positive Demand Outlook, Supportive Valuations | STMicroelectronics, Voith,Mitsubishi Electric, American Traction Systems
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China's BYD Plans To Spin Off And List Semiconductor Unit – China Money Network


Total5
On the evening of May 11, 2021, BYD Co., Ltd. (002594.SZ) announced that the board of directors passed a resolution that the company intends to spin off its subsidiary BYD Semiconductor and to list it on the Shenzhen Stock Exchange’s Growth Enterprise Market.
After the spin-off is completed, BYD will still maintain control of BYD Semiconductor, and BYD Semiconductor will remain a subsidiary within the scope of BYD’s consolidated statements.
BYD Semiconductor will focus on automotive-grade semiconductors and simultaneously promote the development of semiconductor business in the auto industry, home appliances, new energy, consumer electronics, and other sectors. It is committed to becoming an integrated new semiconductor supplier. ....

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BYD partners with distributor in Norway


BYD is partnering the Nordic car distributor, RSA, to deliver its sales, service and parts offering for BYD customers in Norway. It says RSA s comprehensive network of dealer locations will ensure the BYD brand will enjoy a country-wide platform, while outstanding local aftersales back-up is assured from a company with a wealth of experience of supporting automotive brands.
Norway s small market enjoys the highest market penetration for EVs in Europe.
The company points to its 26-years of experience in electric battery development and also its credentials as the only NEV manufacturer to offer a truly complete eMobility solution, including its own powertrain systems, rechargeable batteries, motor-control systems and, significantly, its own IGBT (Insulated Gate Bipolar Transistor) power semiconductors. ....

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Insulated Gate Bipolar Transistor Market Forecast to Reach $11 Billion by 2025


Insulated Gate Bipolar Transistor Market Forecast to Reach $11 Billion by 2025
Increased Production of Electric Vehicles Due to Stringent Emission Norms and Improved Charging Infrastructure Driving the Growth of Insulated Gate Bipolar Transistor Market
BriefingWire.com, 1/18/2021 -
The Insulated Gate Bipolar Transistor Market is forecast to reach $11 billion by 2025, growing at a CAGR of 8% in the period 2019-2025. IGBT has been witnessing significant growth in automotive sector, owing to adoption of electric vehicle. The reduction in the cost of electric vehicle due to technological advancement and the reduced battery price has increased the demand for electric vehicle since 2016. The production of electric vehicle is expected to increase by 28% during 2018-2022, that will account for the sale of 14.8 million electric vehicle by 2020. ....

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