Automotive industry in Taiwan

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

Domestically produced Luxgen car in Taiwan.

Manufacturers
A vehicle manufacturing plant in Pingtung County.

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%).[1]

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 United States (43%, valued at NT$67.8 billion), Japan (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).[2]

Economy

Annually, there are 400,000 cars sold in Taiwan.[2] 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).[1] In 2013, the automotive industry output accounted for 2.7% of Taiwan's total manufacturing output.[2]

Research

Automotive-related research institutes in Taiwan are Automotive Research & Testing Center and Industrial Technology Research Institute.[2]

gollark: Yes, they have done clever things. If only I could press the right key.
gollark: But my keyboard only has F12.
gollark: It would probably require actual testing to test, which I guess I could do.
gollark: So actually probably not that okay.
gollark: It might be okay if the values are small. But CPUs dislike conditional branching.

References
  1. "Taiwan, the unsung hero of automotive innovation". Global Fleet. Retrieved 24 October 2019.
  2. Ferry, Timothy (14 December 2016). "Taiwan is a Major Global Player in Auto Parts". AmCham Taipei. Retrieved 24 October 2019.
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