INTRODUCTION

Special tires are needed for electric cars for a variety of reasons. These tires have a heavier load to support and must deliver more power to the road while accelerating from a stop than internal combustion vehicles.

In contrast to internal combustion vehicles, which partially mask tire noise with engine noise, electric cars' very quiet powertrains make tire noise far more noticeable. 

Future tire and mileage standards for electric cars are quite important. Wheels and tires in particular may have a big influence on an EV's range.

The replacement of the factory's low-rolling-resistance tires and aerodynamic wheels with aftermarket ones has been shown to limit range while improving handling in various tests. The market for EV tires in Europe is expected to grow as demand for electric vehicles develops, creating sales opportunities for EV tires.

TAIWAN EV TIRE MARKET SIZE AND FORECAST

The Taiwan EV tire market accounted for $XX Billion in 2024 and is anticipated to reach $XX Billion by 2031, registering a CAGR of XX% from 2024 to 2031.

MARKET DYNAMICS

The first Sports Activity Vehicle (SAV) with an all-electric drive system from the BMW brand, the iX3, will use "ADVAN Sport V107" tires as original equipment, according to Yokohama Rubber Co., Ltd.

Three sizes of tires from Yokohama Rubber were sent to the BMW Group in the first shipment for the new SAV with an all-electric motor.

The top-of-the-line high-performance tires of Yokohama Rubber's premium ADVAN brand are called "ADVAN Sport V107" tires. The tires that will be used on the BMW iX3 were created in collaboration with the BMW Group.

They have a unique formula that was created to drastically lessen tire heat generation, which lowers the rolling resistance of the tires, essential for electric cars.

The tires were given the highest "A" grade possible under the EU labeling system as a consequence. In addition, the tire profile and tread pattern have been specially designed in response to the United Nations Economic Commission for Europe's regulation on vehicle noise emissions to achieve a more uniform road contact pressure that contributes to lower noise emission when the vehicle is accelerating.

The "ADVAN Sport V107" tires, which were created with attention for both environmental effect and driving performance, are without a doubt the best suitable tires for BMW's first EV SAV, the iX3.

COMPANY PROFILE

• Yokohama Tire Taiwan Co., Ltd. (YTT)
• Pirelli & C. S.p.A.
• Goodyear Tire & Rubber Co
• Dunlop Tyres
• Continental AG
• Michelin
• Viking Tyres

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perTaiwan EV tire marketright now and how will it change in next 5-6 years?
2. Average cost to set up anEV tire marketinTaiwan?
3. How manyTaiwan EV tire marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aTaiwan EV tire marketand key vendor selection criteria
6. Where is theTaiwan EV tire marketmanufactured? What is the average margin per equipment?
7. Market share ofTaiwan EV tire marketmanufacturers and their upcoming products
8. The most important plannedTaiwan EV tire marketin next 2 years
9. Details on network of majorTaiwan EV tire marketand pricing plans
10. Cost advantage for OEMs who manufactureTaiwan EV tire marketin-house
11. 5 key predictions for next 5 years inTaiwan EV tire market
12. Average B-2-BTaiwan EV tire marketprice in all segments
13. Latest trends inTaiwan EV tire market, by every market segment
14. The market size (both volume and value) ofTaiwan EV tire marketin 2022-2027 and every year in between?
15. Global production breakup ofTaiwan EV tire market, by suppliers and their OEM relationship