These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
Multinational electronics contract manufacturer Hon Hai Precision announced a partnership with Taiwan's electric scooter maker Gogoro on Wednesday, marking a significant advancement in terms of expanding business operations on both sides. Hon Hai will be in charge of OEM manufacturing for Gogoro by setting up factories in China and India, including scooters, Gogoro's battery-swapping system, a...
Domestic gas station chain company North-Star Petroleum is taking proactive measures to stake a seat in the booming electric vehicle market by charging in metropolitan parking lots. North-Star has announced an MOU agreement with domestic parking lot provider City Parking, which has 610 parking lots in Taiwan. Initial plans include setting up EV DC charging lots in popular parking lots and usi...
Formosa Plastics Group is slated for an electric vehicle (EV) launch through investment with the Formosa Plastics Transport Corps, supervised by Wang Wen-chao, a member of the Standing Committee of the Formosa Plastics Enterprise Management Center. The first EV truck prototype will be launched in July. Formosa Plastics Group has invested and obtained three key technologies for EVS, such as bat...
Auto parts manufacturer Tong Yang reported consolidated revenue of NTD$1,383 billion in May, marking a decrease of 5.5% from April's NTD$1,463 billion and a year-on-year increase of 35.1%. However, industry watchers warned that Tong Yang, and possibly many other companies in the industry, would still need to contend with container shortages in Q3. Tong Yang's after-sales maintenance market (AM...
With the advent of auto-technology, Market Intelligence & Consulting Institute (MIC) emphasized that global traditional car factories are accelerating their investment and R&D capabilities in developing three trends: electrification, smart-capabilities, and service-oriented tech. MIC's senior industry consultant and substitute director Hung Chun-hui made the remarks while speaking at the COMP...
Electric vehicles (EV) and related technologies were the major highlights at this year's Taipei AMPA show. For instance, the pavilion from the mobility Taiwan Automotive Research Consortium (mTARC), an entity under the Economic Ministry Department of Industrial Technology, showcased EV and self-driving vehicle technologies developed by domestic companies and research institutions. Among their...
As the global auto market continues its transition into the electric-powered future, the auto parts sector will need to brace itself against not only the new trends but also the next hurdle to overcome. The pandemic has unveiled just how fragile just-in-time production can be: while it's convenient and manageable, it's also vulnerable to disruptions, and the automotive chip industry's unrelenting...
Taiwanese electronics manufacturer Foxconn Technology and electric carmaker Fisker Inc. signed a deal on Thursday to develop and manufacture a new electric vehicle slated for mass production in Q4 of 2023. The type of vehicle was not identified, though reports indicated it would be a lightweight platform created by the two companies under the MIH platform framework. The price tag should be pri...
The electric vehicle (EV) trend is leading the auto industry's post-pandemic transformation. The Ministry of Economic Affairs Department of Statistics stated on Thursday that with the rising awareness of energy conservation, carbon reduction, and environmental protection, countries have announced bans on fuel vehicles and introduced subsidy policies in response. Under the problematic global pande...
The first 2035 E-Mobility Taiwan expo is set to kick off on October 20 to 22 at the Nangang Exhibition Center Hall 2. During the international press conference, industry experts revealed that the "golden cross" of gas-powered vehicles and electric vehicles (EV) could arrive much earlier than Bloomberg's predictions. Host organizer Taiwan External Trade Development Council (TAITRA) Chairman Jam...