News Briefing
The "Leaders Summit on Climate" will be hosted by the United States, and leaders from 40 countries are invited to the meeting. It is scheduled to be held on April 22. The summit will mainly focus on the discussions of two important topics: technological innovation and a green energy economy, with the hope to fight against climate change more efficiently.
Impact Analysis
In addition to making its stance clear on the issue of climate change, the United States has also taken specific actions and introduced a series of reward programs and measures with regard to electric vehicles. These measures are expected to boost the popularization of electric vehicles in the United States. In addition, although the auto industry experienced a double-digit decline as a result of the 2020 epidemic, according to EV Volumes statistics, the global electric vehicle market has, on the contrary, bucked the trend and achieved an annual increase of 43%. Moreover, Europe has surpassed mainland China in becoming the largest electric vehicle market worldwide, and the sales have reached 1.395 million. As the three major auto markets in the United States, China, and Europe work concurrently to promote policies conducive to electric vehicles, 2021 will surely be regarded as a key turning point for the electric vehicle market.
With regard to the circuit board industry, other products, including ABF boards, high-end HDI boards, and thick copper plates for high heat-dissipation, are believed to have a multitude of applications for the automotive industry to support integrated AI, 5G, and ADAS systems to name a few. There is also an increasing demand for traditional multi-layer rigid boards for vehicles due to increased electronization. Given this context, the novel applications form an emerging market worth developing in the future for Taiwan-based PCB factories. They are well equipped with high-end technology and have cost advantages.