In a development that has sent shockwaves through the global semiconductor industry, US-based silicon carbide (SiC) leader Wolfspeed is reportedly preparing to file for bankruptcy within weeks. While some orders have already begun shifting to alternate suppliers, industry analysts warn that the long-term implications will ripple across the entire supply chain—disrupting the balance of technology leadership, production capacity, and cost structures.
Formosa Smart Energy Tech, a subsidiary of Formosa Plastics Group, has signed a memorandum of understanding (MOU) with GE Vernova to form a strategic alliance focused on hybrid power and energy storage systems. The partnership aims to combine Formosa's lithium iron phosphate (LFP) battery expertise with GE Vernova's global experience in gas-fired power and energy storage technologies.
After becoming Taiwan's first unicorn to go public in the US, Gogoro—the electric scooter company known for its sleek design and battery-swapping model—has struggled to maintain investor confidence. The company recently filed to transfer its listing from the Nasdaq Global Select Market to the Nasdaq Capital Market, a move typically seen as a step-down. Though 2025 may have started with a stumble, some in the company's supply chain say the year could yet hold promise.
As the adoption of electric vehicles (EVs) continues to rise across China, long-distance charging remains a key concern for many drivers. In response, Chinese authorities are ramping up efforts to expand high-powered charging infrastructure nationwide, aiming to usher in a new era where EVs can charge as quickly and conveniently as refueling gasoline cars—a goal the government has dubbed—charge and go, driving at the speed of gas.
