Strong demand for electric vehicles, increasing demand for charging station construction

According to the Taiwan Economic Daily, Electric Wheelco June 4 news, Apple and Tesla supplier Delta
Electric\’s investment in the electric vehicle business currently accounts for a
small proportion of revenue. Still, the growth rate in recent years is fantastic,
and market legal persons are generally optimistic about Taiwan. Revenue of
Delta Electric Vehicle Division.

Delta\’s electric vehicle segment
revenue in 2020 is about NT$450 million (about 103 million yuan). Still, Delta pointed out that the demand for electric vehicles is strong and the growth rate
is fast, and the need for charging station construction will also
increase simultaneously. It is expected to increase by another 50%. The
market expects that by 2023, Delta\’s electric vehicle revenue will expand
to at least NT$2 billion (about 456 million yuan).

Electric Wheelco has learned that
it is reported that among the three core batteries, electronic controls, and
motors of electric vehicles, Delta mainly focuses on electronic controls
and motors. And so on, there are car factory customers in mainland China,
Europe, and Japan. In addition, Delta expects electric vehicles to
grow by 40% to 50% in 2022.