Automotive industry in Taiwan

Automotive industry in Taiwan refers to the automotive industry in Taiwan.

Manufacturers

Main article: List of Taiwanese automakers

In total, there are around 3,000 automotive-related companies in Taiwan. Hotai Motor accounted for 28.8% of the total cars sold in Taiwan, followed by China Motor Corporation (10.9%), Yulon Nissan Motor Corporation (9.6%) and Honda Taiwan (7.7%).

Exports and imports

Around 41.7% of vehicles sold in Taiwan were imported. In 2016, around 75% of automotive parts and components produced in Taiwan were exported, mainly to the United States (43%, valued at NT$67.8 billion), Japan (6%, valued at NT$9.5 billion), China (5%, valued at NT$8.2 billion) and United Kingdom (4%, valued at NT$5.6 billion).

Economy

Annually, there are 400,000 cars sold in Taiwan. In total, the output of the entire automotive industries in Taiwan accounted for almost 3% of Taiwan's gross domestic product. In 2016, the output of automotive industry in Taiwan amounted US$20 billion, which was divided into parts and components manufacturing (US$7 billion), domestic car production (US$6.5 billion) and vehicle electronics (US$6 billion). In 2013, the automotive industry output accounted for 2.7% of Taiwan's total manufacturing output.

Taiwanese firms increasingly invested in automotive electrification, 75% of Tesla, Inc.’s suppliers are Taiwanese. Taiwan is one of the few places in the world with a comprehensive EV supply chain and Taiwan is an integral part of global EV supply chains.

Research

Automotive-related research institutes in Taiwan are Automotive Research & Testing Center and Industrial Technology Research Institute.

References

^ "Taiwan, the unsung hero of automotive innovation". Global Fleet. Retrieved 24 October 2019.
^ Ferry, Timothy (14 December 2016). "Taiwan is a Major Global Player in Auto Parts". AmCham Taipei. Retrieved 24 October 2019.
Lu, Kuo-chen. "Taiwan's Tesla Boom, and Looking for More". topics.amcham.com.tw. Topics. Retrieved 29 October 2020.
Angelica, Oung. "Taiwan's EV Supply Chain Cranks into High Gear". topics.amcham.com.tw. Taiwan Topics. Retrieved 10 May 2021.

v t e Automotive industry in Taiwan
Automotive industry Economy of Taiwan Transportation in Taiwan
Domestic manufacturers	Aeon Ford Lio Ho Foxtron Gogoro NCSIST Her Chee Hotai Kuozui Kymco PGO Scooters SYM TGB Yulon CMC Luxgen Yulon-Nissan
Foreign companies with operations	Honda Taiwan
Defunct companies	Chin Chun Motor Formosa Automobile Prince Ta Ching Motor Taiwan Isuzu Motors Yulon GM Tobe
Components	Delta Electronics InnoLux Corporation KMC Chain Industrial Pegatron Powerchip(PSMC) TSMC UMC VIS XING Mobility
Related topics	ARTC ITRI MOTC highways in Taiwan list of automakers
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