TAIWAN ELECTRIC COMMERCIAL VEHICLE MARKET

 

INTRODUCTION

Taiwan has played a minor part in the worldwide supply chain for cars powered by internal combustion engines. However, it has recently began significantly growing its presence in the electric vehicle (EV) sector.

 

Major automobile makers see the island’s expertise in electronics and mechatronics contract manufacturing as just what they need to survive the current critical phase of transition from gasoline-fueled to electric vehicles. A global shift toward electric vehicles has prompted a number of Taiwanese start-ups and traditional electronics manufacturers to look for new market prospects. 

 

 

TAIWAN ELECTRIC COMMERCIAL VEHICLE MARKET DEVELOPMENTS AND INNOVATIONS

 

S No	Overview of Development	Development Detailing	Region of Development	Possible Future Outcomes
1	Taiwan’s Delta Electronics expanding ‘everywhere’ on EV, server boom	Delta Electronics Inc., based in Taiwan, is a provider of power components to firms including Apple Inc. and Tesla Inc.	Taiwan	This would enhance better Technological Controls
2	TCC builds new gen EV charging infra with 7-ELEVEN in Taiwan	When combined with energy storage, the entire system may change electricity supply to meet environmental and energy-saving goals by adjusting supply according to peaks and valleys in electricity demand.	Taiwan	This would enhance better Technological Controls
3	Taiwan to manufacture 90% of EV power system parts by 2024	By 2024, Taiwan will produce over 90% of the components required in the power systems of domestically produced electric vehicles.	Taiwan	This would enhance better Technological Controls
4	7-Eleven Taiwan and TCC launch new generation EV charging.	The plan brings together NHOA, a subsidiary of Taiwan Cement Corporation (TCC), and 7-Eleven.	Taiwan	This would enhance better Technological Controls

 

COMPETITIVE LANDSCAPE

Due to the obvious global shift toward electric vehicles and computer-assisted driving, future cars will rely far more on electronic devices and components than their gasoline-powered predecessors, and many traditional auto components will be replaced by a variety of novel parts and materials.

 

Given that carmakers can no longer handle this change, more creative EV-oriented software solutions will be required to support this revolution. 

 

Stellantis is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. The Stellantis’ factories in Gliwice, Poland, and Atessa, Italy, will produce the new vehicle.

 

The next large scale commercial van, scheduled for release in mid-2024, will be TME’s first foray into the large scale commercial vehicle category. Under the existing relationship, the new large-size van completes Toyota’s compact and mid-size van lineup and strengthens Stellantis’ light commercial vehicle lineup.

 

GM has been one of the most advanced solution provider in the EV car requirements. BrightDrop was presented by GM in January in an attempt to capture a piece of the expanding electric delivery vehicle market in order to better compete with Ford Motor Co and other companies like Rivian Automotive Inc.

 

The remaining 5,400 are for the BrightDrop’s full-size delivery van EV600 and its medium-sized delivery van EV410. Verizon Communications Inc has already signed on as a customer for the EV410.

 

COMPANIES PROFILED

• Hyundai Inc.
• BYD Auto Co., Ltd
• Proterra, Inc.
• AB Volvo
• Olectra Greentech Limited
• Tesla
• Nissan
• Daimler
• Toshiba
• Mitsubishi
• Continental
• Kia Motors
• Chevrolet
• Renault
• Renault Samsung JV
• General Motors Co
• Hyundai Kia Group JV
• Zentropy
• EmVcon
• CT&T United
• Ioniq Inc.
• Jinwoo SMC