A global shift in the auto industry toward electric has encouraged a number of Taiwanese startups and traditional electronics makers to seek out new market opportunities by focusing more production on EV components and systems. Some, such as tech hardware giant Foxconn, hope to design and sell complete EVs, competing with established industry players. Taiwan…
Plans by a growing number of international technology companies to begin designing their own semiconductor products – and by governments to develop domestic chipmaking capabilities – could bring some disruption to the market. Yet Taiwan’s ability to produce chips efficiently and at a relatively low cost should ensure its continued growth and success. Taiwan’s production…
Taiwan has a relatively complete supply chain for electric vehicle components, and companies such as Tesla rely heavily on Taiwanese suppliers for a majority of their EV parts. Yet the island has not produced a viable EV brand to contend in the global market. Azizi Tucker first came to Taiwan in 2007 while working for…
A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Pegatron enters Tesla supply chain Apple supplier Pegatron has recently expanded its cooperation with U.S. car producer Tesla. According to news sources, Pegatron has recently entered Tesla’s charging station supply chain and is expected to move into mass…
Formosa Plastics founder Wang Yung-ching failed at building a car business, but his failure laid the groundwork for the country’s successful Tesla supply chain. What are Taiwan’s advantages in the electric vehicle age? The global automotive industry is experiencing a paradigm shift, sending Tesla’s stock price soaring and big Taiwanese manufacturers scrambling to expand their…
Despite an ambitious government initiative designed to help improve air quality, Taiwan has been slow to embrace electrically powered motor vehicles. Besides electric scooters, the major progress to date has been in development of electrically powered buses, which are already in service in several cities. Nearly all of the electric cars on Taiwan’s roads –…
Though car sales have just started, the company has been sourcing from Taiwan for some time. Last summer, Tesla Motors, the world’s most celebrated electric car maker, finally entered the Taiwan market. The plans were announced to great fanfare on the Fourth of July, and the California-based technology company subsequently opened a pop-up store at…
The domestic companies, which focus mainly on the replacement market, are small but highly efficient producers. Taiwan might be better known for its massive high tech companies such as TSMC, Quanta Computer, and Compal Electronics, but most of Taiwan’s economy is driven by small and medium sized enterprises (SMES) in an array of relatively low-tech…
New market entrants could put Taiwan on the map as a major EV maker. In April, Premier Mao Chi-kuo proclaimed the goal of making Taiwan a leading manufacturer of new-energy vehicles as part of a plan to transform it into a “model green country.” In particular, Taiwan should replace its motor scooters and motorcycles with…
