While the world is in pursuit of a greener and cleaner living environment, the auto industry has undergone transformation. Inundated by the unstoppable trends of the development of electrified vehicles (EVs), the world ushers in the epoch of electrified motors that has come earlier and faster than expected. The car makers throughout the world have been expediting the shift from fuel and pistons to batteries and electrified mobility.
Over the past three decades, thanks to PCs and iPhones, Taiwan has gone through two big waves of industrial transformation. It is believed the third wave, which is taking place at present, is tied to the electrification of mobility.
Taiwan is the forerunner of the global IC industry and thus features cutting-edge technology. As the automotive electronics is forecasted to account for more than half of the total cost of a new car, it is convinced the benefits of the development will tilt toward Taiwan. Take for instance Foxconn, a prestigious pioneer in smart manufacturing. The company partnered with Hua-Chuang, Yulon Group affiliate, one of Taiwan’s leading automakers, to roll out MIH, an open platform for EVs. Leveraging the MIH platform, car manufacturers are granted access to key technologies and tools for developing EVs with differing models such as sedans and SUVs. MIH is therefore expected to be dubbed as the “Android system of the EV industry.”
The world is impressed by Taiwan's high caliber capability in producing automotive components. Taiwanese manufacturers have a strong pool of EV-related expertise on motor drives, energy storage systems, power modules, power control systems and other technologies. A significant number of Taiwanese manufacturers now supply EV parts and components to global car makers, which evidences that MIT has won international reputation and recognition.
On another front, Taiwan is incrementally on the track to reach the objective of zero emission transportation: in 2030, all the government vehicles and public buses will go electrified, meaning that 15,000 ICE buses will be replaced with electric ones ten years from now. This is therefore deemed the right moment for e-bus makers to cultivate their supply chains domestically and leverage their power of influence internationally.
Taiwan has been a preeminent and trustworthy partner in the global EV supply chain. It is a must Taiwan avails itself of this opportunity to sharpen and deepen its know-how in the EV industry.
TAITRA has spared no efforts in assisting Taiwan EV-related companies in establishing their presence around the globe. Taiwan Smart Vehicle Supply Chain Map is a treasure trove of the island’s latest development in electrified mobility. The map incorporates three respective sections:
The publication of this map is in the best interest of EV-related enterprises at home and abroad. The upcoming 2035 e-Mobility Taiwan, a TAITRA-initiated event that will be slated to take place in October this year, will showcase the future of the e-mobility ecosystem and promote Taiwan’s total solutions in e-mobility. I believe for those who wish to gain an edge in international competitiveness in the smart vehicle industry, and who look forward to cooperation with Taiwanese EV counterparts, there is much to relish in this map.
- James Huang
Chairman of TAITRA