Page 35 - TTG-Taiwan Transportation Equipment Guide 2025-09 Edition

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Industry Trends Report

At the smart mobility show, China Motor Corp. Bright Future is Ahead for Global Automo-
(CMC), Taiwan’s homegrown automaker, introduced tive Electronics
an intelligence-laden 3.5-ton electric commercial
vehicle, dubbed as ET35. This car is packed Global market for automotive electrics is said
with domestically integrated Advanced Driver to surge to US$500 billion in 2030 from 2023’s
Assistance System (ADAS) Level 2, vehicle-to- approximate US$300 billion, marking a 7%
everything (V2X), and cloud-based data platform. compound annual growth rate (CAGR). In the
This all-in-one solution supports enterprise-level meantime, Taiwan will put out over NT$900 billion
decarbonization and smart logics solution. (US$30 billion) worth of the devices in 2028, more
than double the 2024 size of NT$492.5 billion
Over 90% of the 3.5-ton vehicle is made up of (US$16.4 billion), becoming the major applications
components designed and manufactured locally, of Taiwan’s information-communication technology
ranging from chassis, powertrain, to battery pack. (ICT) and artificial intelligence (AI) sectors,
Mass production is slated for the third quarter this according to ARTC.
year.
Relative to the electrics production, Taiwan’s
Taiwan Government Helps Local Auto- non-electric auto parts output had steadily
Electronics Makers Establish Testing Ca- increased to top NT$280 billion (US$9.3 billion)
pability for Larger Devices in 2023, an increase from 2020’s NT$220 billion
(US$7.3 billion).
With automotive electrical products becoming
more integrated and, thus, bigger, the Ministry of ARTC points out that the significant output of
Economic Affairs (MOEA) has helped Taiwanese Taiwan’s automotive electrics has attested not only
auto-parts makers establish testing capabilities Taiwan’s mighty technical capability in automated
for large electrical systems, such as smart driver car development but also the island’s solid basis
cabin installed with a 55-inch display, and the for snatching up a share of the global intelligent-
ability to verify and test all-in-one powertrains transportation market.
under complicated conditions. This will significantly
shorten development cycles of Taiwan’s automotive
electric industry and enhanced Taiwan’s position in
the international supply chain.