Page 29 - TTG-Taiwan Transportation Equipment Guide 2024-04 Edition
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                                                                         Industry Trends Report
























              Taiwanese Auto Parts Suppliers wanese Auto Parts Suppliers
              Tai

              Paving the Way in the EV Revolutionng the Way in the EV Revolution
              Pavi


              By Andrew Hsu

              Unsung Stars Inside Automobiles                      Moreover, the combination of a variety of
                                                                production types in smaller quantities, along
                 Experiencing a substantial and consistently    with cost-effective pricing, positions Taiwan's
              growing export base each year, Taiwan's auto      manufacturers as highly competitive on the
              parts industry has earned certifi cation from various   international stage. However, even with these
              international authorities for its high quality, garnering   strengths, what the world needs today is not solely
              recognition from industry insiders.               this.

                 Primarily composed of small or medium-sized    Transformation of Industry
              enterprises  (SMEs), Taiwan's manufacturers
              exhibit  a  comprehensive  array  of  production     According to Da-Jeng Yao, General Director
              types. Upstream component manufacturers supply    of the Mechanical and Mechatronics Systems
              various automobile parts such as seats, pistons,   Research Laboratories at the Industrial Technology
              and gears... Midstream suppliers contribute       Research Institute (ITRI), the trend towards net-
              functional modules like dashboards, bumpers, and   zero emissions and carbon neutrality is gaining
              generators... Downstream manufacturers provide    prominence. Related regulations, such as the
              integrated systems such as engine systems,        carbon border adjustment mechanism (CBAM),
              steering system parts, ADAS, etc. In Taiwan, you   are beginning to be implemented. CBAM involves
              can fi nd almost all the auto parts you need.     imposing a carbon tariff on carbon-intensive
                                                                products imported into the European Union. It will
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