Technology

Ping Cheng

Ping Cheng charges into the future of electric vehicles with Delta Electronics, the company founded by his father

Profile


Ping Cheng has been with Delta Electronics for over 30 years, starting as a section chief in 1988. Though he is the son of founder Bruce Cheng, he worked his way up through different divisions before becoming CEO in 2012 with the responsibility of developing new business. Since the younger Cheng took over, Delta’s annual revenue has grown by an average of 5 percent. The company celebrated its 50th anniversary in 2021, and looking forward the company aims to maintain its 10 percent share of the global power and traction components market for electric vehicles, which Cheng foresees to be a US$33 billion market by 2030.  

Originally a small factory manufacturing TV parts, Delta has become the nation’s leading power and thermal management solutions provider, and has long developed the market for EV charging stations. At the recent Taiwan Smart Mobility Exhibition, Delta presented three major EV applications including charging infrastructure, automotive electronics, automotive fans and cooling systems.

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This year Cheng also announced Delta’s commitment to RE100, becoming the first Taiwanese company to target using 100% renewable energy by 2030.  

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