“Right now, electric vehicles are at about 2 percent saturation, but it might reach 10 to 12 percent by 2030,” Delta chairman Yancey Hai (海英俊) told an investors’ conference. “Price is coming down and charging stations are becoming more widespread.”Delta provides direct current inverters, onboard chargers, charging stations and electric motors for electric vehicles. Delta Electronics Co chairman Yancey Hai speaks at an investors’ conference in Taipei yesterday. Sales in the automation segment were NT$9.7 billion, up 2 percent year-on-year, and revenue in the infrastructure segment was NT$23.1 billion, down 6 percent, data showed. However, the infrastructure segment saw profit grow by 727 percent due to “good control of raw material prices,” Delta’s investor relations officer Rodney Liu (劉致遠) said.

Source: Taipei Times October 29, 2020 15:56 UTC