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

Manufacturers

In total, there are around 3,000 automotive-related companies in Taiwan.

Hotai Motor Hotai Motor Co., Ltd. () is a Taiwan-based automotive centric conglomerate. It is the largest automobile company and appliance distributor, and one of the largest financial holding companies in Taiwan. Traditionally, Hotai is regards as one of th ...

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 Honda Taiwan Co., Ltd. (), a wholly owned subsidiary of Honda Motor Co. Ltd., was established in February 2002 shortly after discontinuing their local partnership with Sanyang Motor. It started productions and sales of CR-V in January 2003 th ...

(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 Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

(6%, valued at NT$9.5 billion), Mainland 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 An embedded system is a computer system—a combination of a computer processor, computer memory, and input/output peripheral devices—that has a dedicated function within a larger mechanical or Electronics, electronic system. It is '' ...

(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 The Automotive Research & Testing Center (ARTC; ) is a government funded non-profit automotive research facility located in Lukang Township, Changhua County, Taiwan. History ARTC was founded in 1990 under the auspices of the Ministry of Econo ...

and Industrial Technology Research Institute.

References

{{Taiwan topics

Manufacturers

Exports and imports

Economy

Research

See also

References