Association of Southeast Asian Nations (ASEAN), the seventh largest automotive manufacturing hub worldwide, produced a total of 3.5 million vehicles in 2021, exceeding the volume of 2.85 million units in 2020.
Based on DIGITIMES Research's observations on the global electric vehicle (EV) market, in contrast to the weaker-than-expected overall car sales, EV sales exhibited prominent growth in 2021.
Despite the higher costs of SiC semiconductor components compared to silicon ones, automakers still embrace them for their low power loss, high withstand voltage, heat resistance and high frequency characteristics.