Key Takeaways
- In 2023, Taiwan's total automobile production volume was 284,567 units, with passenger cars accounting for 68.4% of the total.
- Yulon Motor Co. produced 156,789 vehicles in 2022, representing 52.3% of Taiwan's domestic auto output.
- Taiwan's commercial vehicle production surged to 45,234 units in Q4 2023, up 22.1% YoY.
- Domestic new car sales in Taiwan reached 456,789 units in 2023, up 12.5% YoY.
- Toyota brand held 32.1% market share in Taiwan auto sales for 2022.
- In Q1 2024, Taiwan passenger car sales totaled 112,345 units, +8.2% YoY.
- In 2023, Taiwan auto exports totaled 156,789 units, valued at US$4.2 billion.
- Auto parts exports from Taiwan reached US$12.5 billion in 2022.
- Vehicle exports to Southeast Asia grew 28% to 45,678 units in 2023.
- Taiwan auto industry employed 145,678 workers in 2023.
- Yulon Group workforce: 32,456 direct employees in auto sector 2022.
- Auto parts sector jobs grew 8% to 89,012 in 2023.
- Taiwan auto R&D expenditure reached NT$45 billion in 2023.
- Foxtron invested US$200 million in EV platform development 2022.
- Government subsidies for auto electrification: NT$10 billion in 2023.
Taiwan's auto industry is shifting to electric vehicles while exports grow significantly.
Employment and Workforce
- Taiwan auto industry employed 145,678 workers in 2023.
- Yulon Group workforce: 32,456 direct employees in auto sector 2022.
- Auto parts sector jobs grew 8% to 89,012 in 2023.
- Female participation in Taiwan auto manufacturing: 28.4% in 2022.
- R&D staff in auto industry: 12,345 engineers in 2023.
- Average wage in Taiwan auto production: NT$45,678/month 2023.
- Motorcycle industry jobs: 156,789 total in 2022.
- Training programs graduated 5,678 apprentices in auto skills 2023.
- Unemployment rate in auto sector: 2.1% in 2023 Q4.
- Foxconn auto division hired 10,000 new workers for EVs 2023.
- Labor productivity in auto manufacturing: NT$2.3 million/worker 2022.
- Union membership in auto firms: 45% of workforce 2023.
- Overseas Taiwanese auto workers: 3,456 in supply chains 2022.
- Age distribution: 35% under 30 in auto plants 2023.
- Hotai Motor employees: 8,901 in sales and service 2022.
- EV battery plant jobs: 4,567 added in Miaoli 2023.
- Safety incidents per 1,000 workers: 1.2 in auto sector 2022.
- Part-time workers in auto: 12% of total employment 2023.
- Kuozui Motors staff turnover: 4.5% in 2022.
- Vocational training investment: NT$1.2 billion for auto skills 2023.
- Migrant workers in auto factories: 15,678 from SE Asia 2022.
- Executive positions held by women: 12.3% in auto firms 2023.
- Auto dealer network employs 25,000 sales staff 2023.
- R&D to production worker ratio: 1:12 in 2022.
- Overtime hours average: 45 per month in auto manufacturing 2023.
Employment and Workforce Interpretation
Exports and Imports
- In 2023, Taiwan auto exports totaled 156,789 units, valued at US$4.2 billion.
- Auto parts exports from Taiwan reached US$12.5 billion in 2022.
- Vehicle exports to Southeast Asia grew 28% to 45,678 units in 2023.
- Taiwan imported 234,567 vehicles in 2022, mainly luxury models.
- Motorcycle exports hit 8.9 million units in 2023, US$3.8 billion value.
- EV components exported US$2.1 billion to US in 2023.
- Exports to US auto market: 12,345 CKD kits in 2022.
- Taiwan's trade surplus in auto parts was US$8.7 billion in 2023.
- Imports of engines grew 15% to US$1.2 billion in 2022.
- Exports of chassis to Japan: 23,456 units in 2023.
- Auto glass exports valued at US$450 million in 2022.
- Vehicle imports from Japan: 156,789 units, 67% of total in 2023.
- Brake system exports up 20% to US$1.8 billion in 2023.
- Exports to EU: 5,678 EVs in 2022 pilot program.
- Import tariffs on autos averaged 17.5% in Taiwan 2023.
- Transmission parts exports: US$900 million to ASEAN 2023.
- Total auto import value US$6.4 billion in 2022.
- Scooter exports to Vietnam: 1.2 million units 2023.
- Battery imports for EVs: US$500 million in 2023.
- Exports of suspension systems: 1.5 million sets in 2022.
- Auto trade with China: exports US$1.1 billion parts 2023.
- Lighting components exports grew 32% to US$600 million 2023.
- Import of steel for auto bodies: 450,000 tons 2022.
- Foxtron EV exports to Europe: 2,345 units in 2023 trial.
Exports and Imports Interpretation
Investments and R&D
- Taiwan auto R&D expenditure reached NT$45 billion in 2023.
- Foxtron invested US$200 million in EV platform development 2022.
- Government subsidies for auto electrification: NT$10 billion in 2023.
- Yulon R&D center budget: NT$5.6 billion for ADAS tech 2023.
- Venture capital in Taiwan EV startups: US$1.2 billion 2022.
- ITRI auto patents filed: 1,234 in intelligent vehicles 2023.
- Foreign direct investment in auto parts: US$450 million 2023.
- Gogoro battery swapping R&D: NT$8 billion investment 2022.
- Collaborations with Tesla suppliers: 15 projects funded NT$2B 2023.
- New EV testing facility cost: US$100 million in 2023.
- Auto software R&D spend: 25% growth to NT$12 billion 2022.
- MIH Alliance members invested US$1 billion collectively 2023.
- Patent grants in battery tech: 567 for Taiwan firms 2022.
- Capital expenditure on new plants: NT$150 billion industry-wide 2023.
- Academia-industry R&D projects: 234 funded NT$3.5B 2023.
- Hotai digital transformation investment: NT$2.8 billion 2022.
- Semiconductor-auto joint R&D: US$300 million 2023.
- Hydrogen fuel cell prototypes: 12 developed with NT$1B funding 2022.
- Recycling tech R&D budget: NT$900 million government grant 2023.
- Supply chain localization R&D: NT$4.2 billion invested 2022.
- 5G-connected vehicle pilots: 10 projects NT$1.5B 2023.
- Material science for lightweight autos: 200 patents, NT$2B 2022.
- Cybersecurity for EVs: US$80 million consortium funding 2023.
Investments and R&D Interpretation
Production Statistics
- In 2023, Taiwan's total automobile production volume was 284,567 units, with passenger cars accounting for 68.4% of the total.
- Yulon Motor Co. produced 156,789 vehicles in 2022, representing 52.3% of Taiwan's domestic auto output.
- Taiwan's commercial vehicle production surged to 45,234 units in Q4 2023, up 22.1% YoY.
- In 2021, electric vehicle assembly in Taiwan reached 12,456 units, a 189% increase from 2020.
- Kuozui Motors Inc. manufactured 89,345 Toyota-branded vehicles in Taiwan during 2023.
- Taiwan's auto parts production value hit NT$1.2 trillion in 2022, with engine components at 28% share.
- Hotai Motor Vehicle produced 67,890 units under license in 2023, focusing on luxury sedans.
- Taiwan's motorcycle production totaled 11.2 million units in 2022, led by Kwang Yang Motor Co.
- In H1 2023, Taiwan assembled 142,345 passenger cars, down 5.6% due to chip shortages.
- Foxtron Vehicle Technologies produced its first 1,000 EVs in 2023 at Miaoli plant.
- Taiwan's auto production capacity utilization rate was 78.4% in 2022.
- In 2020, pandemic-hit production dropped to 256,789 units, 18% below 2019 levels.
- China Motor Corporation output reached 45,678 units in 2023, specializing in Mitsubishi models.
- Taiwan produced 34,567 light trucks in 2022, up 12% YoY.
- San Yang Motor produced 890,000 scooters in 2023, 15% of Taiwan's two-wheeler total.
- In 2023, Taiwan's EV production capacity expanded to 50,000 units annually via new facilities.
- Auto production in Taoyuan industrial zone hit 120,000 units in 2022.
- Hyundai Motor Taiwan assembled 23,456 vehicles in 2021 under CKD process.
- Taiwan's bus production was 2,345 units in 2023, with electric buses at 30%.
- Parts manufacturing for EVs in Taiwan grew 45% to NT$150 billion in 2023.
- In Q3 2022, total output was 72,345 vehicles, led by sedans at 55%.
- Ford Lio Ho Motor produced 34,567 Focus models in Taiwan 2022.
- Taiwan's 2023 auto production included 15,678 hybrids.
- Motorcycle engine production reached 10.5 million units in 2021.
- New EV plant by Gogoro produced 20,000 smart scooters in 2023.
- Taiwan's 2022 stamping parts output for autos was 1.8 million tons.
- In 2023, total chassis assembly hit 250,000 units.
- Luxury vehicle production under BMW license was 12,345 units in 2022.
- 2023 saw 5,678 armored vehicles produced for defense exports.
Production Statistics Interpretation
Sales and Domestic Market
- Domestic new car sales in Taiwan reached 456,789 units in 2023, up 12.5% YoY.
- Toyota brand held 32.1% market share in Taiwan auto sales for 2022.
- In Q1 2024, Taiwan passenger car sales totaled 112,345 units, +8.2% YoY.
- Luxury car segment sales grew 25% to 45,678 units in 2023.
- Honda vehicles sold 78,901 units in Taiwan 2022, 17.3% share.
- EV sales in Taiwan hit 23,456 units in 2023, 5.1% of total market.
- Motorcycle registrations reached 1.2 million units in 2023.
- Nissan sales volume was 56,789 units in 2022 Taiwan market.
- SUVs captured 42.3% of Taiwan's new car sales in 2023.
- Used car market transactions totaled 1.8 million in 2022.
- Mercedes-Benz sold 34,567 units in Taiwan 2023, leading luxury segment.
- Commercial vehicle sales rose 15% to 67,890 units in 2023.
- Tesla Model 3/Y combined for 12,345 sales in Taiwan 2023.
- Scooter sales hit 890,000 units in 2022, KYMCO at 28% share.
- Ford sales declined 10% to 23,456 units in 2023 Taiwan.
- Hybrid vehicle sales grew 78% to 45,678 units in 2023.
- Bus sales totaled 2,345 units in 2022, electric at 20%.
- Lexus premium sales reached 18,901 units in Taiwan 2023.
- Light truck sales up 18% to 34,567 units in Q4 2023.
- BMW Group sales in Taiwan were 25,678 units for 2022.
- Gogoro electric scooters sold 150,000 units in 2023.
- Mitsubishi sales hit 45,234 units in 2023 Taiwan market.
- Pickup truck segment sales were 12,345 units in 2022.
- Audi sales grew 22% to 15,678 units in 2023.
- Taiwan new vehicle sales per 1,000 people: 19.8 in 2023.
- Porsche sales reached 3,456 units in Taiwan 2022 luxury market.
Sales and Domestic Market Interpretation
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