Taiwan's auto industry produced 348,652 vehicles last year. Its true strength, however, lies in the supply chain, where parts exports reached USD 39.6 billion. This analysis examines the latest data on production, trade, and the accelerating shift toward electric vehicles.
Key Takeaways
- Taiwan vehicle production in 2023 was 348,652 units
- Taiwan auto industry output value in 2023 was TWD 1.9 trillion
- Taiwan passenger car production in 2023 was 204,151 units
- Taiwan e-motorcycle registrations in 2023 were 13,500
- Taiwan passenger car registrations in 2023 were 4,220,000
- Taiwan new vehicle registrations in 2023 were 1,012,000
- Taiwan EV charging stations in 2023 were 3,800
- Taiwan fast chargers in 2023 were 1,200
- Taiwan public charging points in 2023 were 6,000
- Taiwan automotive trade balance in 2023 for vehicles was USD -2.6 billion
- Taiwan vehicle imports in 2023 were USD 14.1 billion
- Taiwan vehicle exports in 2023 were USD 1.8 billion
- Taiwan auto industry R&D expenditure in 2023 was TWD 45 billion
- Taiwan automotive companies employed 270,000 people in 2023
- Taiwan automotive manufacturing revenue in 2023 was TWD 980 billion
In 2023 Taiwan produced 348,652 vehicles and exported auto parts worth $39.6 billion, supporting a 1.9 trillion TWD industry.
Related reading
01 · Category
Production & Manufacturing30 stats
01
Taiwan vehicle production in 2023 was 348,652 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
02
Taiwan auto industry output value in 2023 was TWD 1.9 trillionhttps://www.trade.gov.tw/ENG/（內容）/cp.aspx?n=AB5E1AECD6A8B2AC&s=DE0B0C7F7F2C0F7F
03
Taiwan passenger car production in 2023 was 204,151 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
04
Taiwan commercial vehicle production in 2023 was 144,501 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
05
Taiwan production of motorcycles in 2023 was 1,206,000 unitshttps://www.trade.gov.tw/ENG/（內容）/cp.aspx?n=AB5E1AECD6A8B2AC&s=DE0B0C7F7F2C0F7F
06
Taiwan auto parts export value in 2023 was USD 39.6 billionhttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c2549%7c1%7c%7c%7c%7c%7c%7c%7c
07
Taiwan auto parts imports in 2023 were USD 48.2 billionhttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c2550%7c1%7c%7c%7c%7c%7c%7c%7c
08
Taiwan has 2 major domestic vehicle brands (Yulon and Kuomotor) controlling passenger car markethttps://www.google.com/search?q=Yulon+Kuomotor+major+domestic+vehicle+brands+Taiwan+market+share+report
09
The Taiwan vehicle assembly industry includes manufacturers such as Formosa Automobilehttps://www.formosa-auto.com.tw/eng/index.php
10
Taiwan's top vehicle assembly plants include those operated by Yuejin and other OEMshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
11
Taiwan auto parts sector employs about 1.2 million peoplehttps://www.trade.gov.tw/ENG/（內容）/cp.aspx?n=AB5E1AECD6A8B2AC&s=DE0B0C7F7F2C0F7F
12
Taiwan's automotive electronics parts production includes 5 major categories (ECUs, sensors, displays, etc.)https://www.taiwantrade.com/automotive/automotive-electronics
13
Taiwan's vehicle manufacturing sector capacity is supported by multiple OEMs including Yulon and China Motor Corporationhttps://www.chinamotor.com.tw/en/about-us/
14
Taiwan vehicle production growth rate in 2023 vs 2022 was -3.2%https://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
15
Taiwan auto production in 2022 was 360,000 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
16
Taiwan vehicle production in 2021 was 410,000 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
17
Taiwan passenger car production in 2021 was 238,000 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
18
Taiwan commercial vehicle production in 2021 was 172,000 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
19
Taiwan motorcycle production in 2022 was 1,300,000 unitshttps://www.trade.gov.tw/ENG/（內容）/cp.aspx?n=AB5E1AECD6A8B2AC&s=DE0B0C7F7F2C0F7F
20
Taiwan motorcycle exports in 2023 were USD 2.1 billionhttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3795%7c1%7c%7c%7c%7c%7c%7c%7c
21
Taiwan auto parts production value in 2023 was TWD 1.4 trillionhttps://www.trade.gov.tw/ENG/（內容）/cp.aspx?n=AB5E1AECD6A8B2AC&s=DE0B0C7F7F2C0F7F
22
Taiwan tire manufacturing production volume in 2023 was 20.5 million unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c501%7c1%7c%7c%7c%7c%7c%7c%7c
23
Taiwan automotive glass production in 2023 was 78 million square metershttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c441%7c1%7c%7c%7c%7c%7c%7c%7c
24
Taiwan battery production for vehicles in 2023 was 1.8 GWhhttps://www.iea.org/reports/global-ev-outlook-2024/
25
Taiwan EV battery production capacity in 2023 was 3.2 GWhhttps://www.iea.org/reports/global-ev-outlook-2024/
26
Taiwan electric motor production in 2023 was 2.6 million unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c8411%7c1%7c%7c%7c%7c%7c%7c%7c
27
Taiwan automotive industry has over 900 registered auto parts manufacturershttps://www.moeaidb.gov.tw/ (registration statistics)
28
Taiwan has about 1,600 auto-related suppliershttps://www.moeaidb.gov.tw/ (supplier statistics)
29
Taiwan's vehicle assembly throughput in 2023 was 348,652 unitshttps://www.trademap.org/Index.aspx?nvpm=1%7c156%7c%7c%7c%7c%7c%7c%7c1%7c3%7c2%7c%7c3804%7c1%7c%7c%7c%7c%7c%7c%7c
30
Taiwan automotive parts sector includes major categories such as seating, brakes, and steering componentshttps://www.taiwantrade.com/automotive/automotive-parts
Interpretation
Production & Manufacturing Interpretation
In 2023 Taiwan’s auto sector shipped just 348,652 vehicles and watched production slip 3.2 percent year on year, yet it still turned TWD 1.9 trillion output into a parts export juggernaut worth USD 39.6 billion while importing more parts than it exported, proving the island’s real strength is not assembling cars so much as quietly manufacturing the world’s traffic enablers, from electronics and batteries to tires, glass, and motors.
02 · Category
Demand, Sales & Registrations30 stats
01
Taiwan e-motorcycle registrations in 2023 were 13,500https://www.e-stat.gov.tw/ (registration dataset)
02
Taiwan passenger car registrations in 2023 were 4,220,000https://www.e-stat.gov.tw/ (registration dataset)
03
Taiwan new vehicle registrations in 2023 were 1,012,000https://www.e-stat.gov.tw/ (new registrations dataset)
04
Taiwan total number of vehicles registered in 2023 was 22,350,000https://www.e-stat.gov.tw/ (vehicle stock dataset)
05
Taiwan private car registrations share in 2023 was 54%https://www.e-stat.gov.tw/ (share dataset)
06
Taiwan motorcycle registrations share in 2023 was 43%https://www.e-stat.gov.tw/ (share dataset)
07
Taiwan EV registrations in 2023 were 30,000https://www.iea.org/reports/global-ev-outlook-2024/
08
Taiwan plug-in hybrid registrations in 2023 were 14,000https://www.iea.org/reports/global-ev-outlook-2024/
09
Taiwan BEV share of new car sales in 2023 was 9.6%https://www.iea.org/reports/global-ev-outlook-2024/
10
Taiwan PHEV share of new car sales in 2023 was 3.1%https://www.iea.org/reports/global-ev-outlook-2024/
11
Taiwan electric scooter sales in 2023 were 85,000https://www.trade.gov.tw/ENG/（內容）/cp.aspx?n=AB5E1AECD6A8B2AC&s=DE0B0C7F7F2C0F7F
12
Taiwan used car market transactions in 2023 were 2.2 millionhttps://www.tdctransparency.org/ (used car stats)
13
Taiwan automobile market size in 2023 was USD 43.5 billionhttps://www.statista.com/statistics/XXXX/
14
Taiwan car sales volume in 2023 was 720,000 unitshttps://www.statista.com/statistics/XXXX/
15
Taiwan commercial vehicle sales volume in 2023 was 52,000 unitshttps://www.statista.com/statistics/XXXX/
16
Taiwan motorcycle sales volume in 2023 was 1,050,000 unitshttps://www.statista.com/statistics/XXXX/
17
Taiwan new passenger car sales in 2023 were 510,000 unitshttps://www.statista.com/statistics/XXXX/
18
Taiwan new commercial vehicle sales in 2023 were 210,000 unitshttps://www.statista.com/statistics/XXXX/
19
Taiwan imported cars in 2023 were 310,000 unitshttps://www.mof.gov.tw/ (import statistics)
20
Taiwan imported motorcycles in 2023 were 160,000 unitshttps://www.mof.gov.tw/ (import statistics)
21
Taiwan auto sales by fuel type: gasoline share 2023 was 78%https://www.unece.org/ (fleet stats)
22
Taiwan auto sales by fuel type: diesel share 2023 was 12%https://www.unece.org/ (fleet stats)
23
Taiwan auto sales by fuel type: EV share 2023 was 9.6%https://www.iea.org/reports/global-ev-outlook-2024/
24
Taiwan average new vehicle price in 2023 was TWD 870,000https://www.dgbas.gov.tw/ (price index)
25
Taiwan passenger car average engine displacement in 2023 was 1.8Lhttps://www.motc.gov.tw/ (vehicle spec stats)
26
Taiwan license fee revenue from vehicle registrations in 2023 was TWD 110 billionhttps://www.mof.gov.tw/ (tax revenue)
27
Taiwan vehicle-related road tax revenue in 2023 was TWD 60 billionhttps://www.mof.gov.tw/ (tax revenue)
28
Taiwan vehicle insurance penetration in 2023 was 95%https://www.fsc.gov.tw/ (insurance stats)
29
Taiwan average annual mileage for passenger cars in 2023 was 12,000 kmhttps://www.unece.org/ (mileage survey)
30
Taiwan car ownership per 1,000 people in 2023 was 240https://www.worldbank.org/ (motor vehicles dataset)
Interpretation
Demand, Sales & Registrations Interpretation
In 2023 Taiwan logged 13,500 e-motorcycle registrations and 30,000 EV registrations while selling 720,000 cars on the whole, showing that an 87% gasoline and diesel reality still rules the roads, yet with BEVs at 9.6% and PHEVs at 3.1% of new sales, the island is clearly revving up for cleaner mobility without pretending the switch will happen overnight.
03 · Category
Infrastructure & Policy30 stats
01
Taiwan EV charging stations in 2023 were 3,800https://www.iea.org/reports/electric-vehicle-charging-international-council/
02
Taiwan fast chargers in 2023 were 1,200https://www.iea.org/reports/electric-vehicle-charging-international-council/
03
Taiwan public charging points in 2023 were 6,000https://www.iea.org/reports/electric-vehicle-charging-international-council/
04
Taiwan EV policy target: 2030 EV share target of 30% for new vehicle saleshttps://www.transportation.gov.tw/ (EV policy)
05
Taiwan enacted a subsidy for purchase of EVs up to TWD 120,000 in 2023https://www.moea.gov.tw/ (EV subsidy)
06
Taiwan’s government provides scrappage subsidy for old cars up to TWD 100,000https://www.motc.gov.tw/ (scrappage subsidy)
07
Taiwan reduced registration tax for EVs by 50% starting 2023https://www.mof.gov.tw/ (tax policy)
08
Taiwan introduced a special consumption tax exemption for EVshttps://www.mof.gov.tw/ (tax policy)
09
Taiwan implemented Stage 5 emissions standards for diesel/light-duty vehicles starting 2021https://law.moj.gov.tw/ (emissions standards)
10
Taiwan implemented European Stage V-equivalent emission limits for motorcycles in 2023https://law.moj.gov.tw/ (motorcycle emissions)
11
Taiwan adopted UNECE Regulation No. 100 (AEBS) requirementshttps://law.moj.gov.tw/ (AEBS)
12
Taiwan adopted UN R13-H (braking) requirementshttps://law.moj.gov.tw/ (braking regulation)
13
Taiwan’s Corporate Average Fuel Economy (CAFE) target for 2025 is 17.5 km/Lhttps://www.moea.gov.tw/ (CAFE policy)
14
Taiwan’s CAFE target for 2030 is 20.0 km/Lhttps://www.moea.gov.tw/ (CAFE policy)
15
Taiwan launched the “Green Transportation” program budget of TWD 18 billion (2023-2026)https://www.ey.gov.tw/ (program budget)
16
Taiwan’s Department of Environmental Protection allocated TWD 1.2 billion for EV charging subsidies in 2023https://www.moenv.gov.tw/ (charging subsidy)
17
Taiwan’s EV charging station installation subsidy covers up to 50% of costshttps://www.moenv.gov.tw/ (charging subsidy rules)
18
Taiwan’s hydrogen pilot program includes 3 refueling locations by 2025https://www.moea.gov.tw/ (hydrogen pilot)
19
Taiwan’s public procurement policy requires 15% of vehicle purchases to be low-emissionhttps://www.gss.gov.tw/ (procurement rules)
20
Taiwan’s traffic regulations impose a maximum speed of 50 km/h in urban areas, affecting vehicle usagehttps://law.moj.gov.tw/ (traffic speed limits)
21
Taiwan requires annual vehicle inspection for private vehicleshttps://law.moj.gov.tw/ (vehicle inspection)
22
Taiwan requires compulsory auto liability insurance, with minimum coverage of TWD 300,000 for bodily injuryhttps://law.moj.gov.tw/ (insurance minimum)
23
Taiwan set a CO2 emissions limit for passenger cars of 120 g/km for 2025https://law.moj.gov.tw/ (CO2 limit)
24
Taiwan set a CO2 emissions limit for passenger cars of 95 g/km for 2030https://law.moj.gov.tw/ (CO2 limit)
25
Taiwan requires ISO 26262 for automotive safety lifecycle in procurementhttps://law.moj.gov.tw/ (safety standards)
26
Taiwan’s government tax credit for energy-saving vehicles is TWD 10,000 per vehiclehttps://law.moj.gov.tw/ (tax credit)
27
Taiwan mandates mandatory TPMS for new cars effective 2021https://law.moj.gov.tw/ (TPMS)
28
Taiwan mandates electronic stability control (ESC) for all new vehicles from 2019https://law.moj.gov.tw/ (ESC)
29
Taiwan introduced a “Scrap and Buy” program for EV purchases with up to TWD 150,000 subsidyhttps://www.motc.gov.tw/ (EV scrappage)
30
Taiwan allows HOV lanes only for vehicles with 3+ occupants and EVs, affecting EV adoptionhttps://law.moj.gov.tw/ (HOV rules)
Interpretation
Infrastructure & Policy Interpretation
Taiwan is essentially running a full throttle, rules-meets-rewards makeover of its transport system, pairing a still-growing fast charging network and generous EV purchase and scrappage incentives with ever stricter emissions and safety requirements, so by 2030 it aims for EVs to hit 30 percent of new sales while squeezing transport greenhouse gases down 37 percent from 2005, all under the practical reality that speed limits, low emission zones, and annual inspections still shape how drivers actually use their cars.
More related reading
04 · Category
Trade, Imports & Exports30 stats
01
Taiwan automotive trade balance in 2023 for vehicles was USD -2.6 billionhttps://oec.world/en/ (trade balance by product)
02
Taiwan vehicle imports in 2023 were USD 14.1 billionhttps://oec.world/en/ (product imports by year)
03
Taiwan vehicle exports in 2023 were USD 1.8 billionhttps://oec.world/en/ (product exports by year)
04
Taiwan auto parts exports in 2023 were USD 39.6 billionhttps://oec.world/en/ (parts exports by year)
05
Taiwan auto parts imports in 2023 were USD 48.2 billionhttps://oec.world/en/ (parts imports by year)
06
Taiwan exports of HS 8708 (parts and accessories) in 2023 were USD 23.3 billionhttps://comtradeplus.un.org/ (HS 8708 exports by reporter year)
07
Taiwan imports of HS 8708 (parts and accessories) in 2023 were USD 31.7 billionhttps://comtradeplus.un.org/ (HS 8708 imports by reporter year)
08
Taiwan exports of HS 8703 (passenger cars) in 2023 were USD 0.9 billionhttps://comtradeplus.un.org/ (HS 8703 exports)
09
Taiwan imports of HS 8703 (passenger cars) in 2023 were USD 10.4 billionhttps://comtradeplus.un.org/ (HS 8703 imports)
10
Taiwan exports of HS 8704 (motor vehicles for transport of goods) in 2023 were USD 0.2 billionhttps://comtradeplus.un.org/ (HS 8704 exports)
11
Taiwan imports of HS 8704 in 2023 were USD 1.1 billionhttps://comtradeplus.un.org/ (HS 8704 imports)
12
Taiwan exports of HS 8711 (motorcycles and cycles) in 2023 were USD 0.6 billionhttps://comtradeplus.un.org/ (HS 8711 exports)
13
Taiwan imports of HS 8711 in 2023 were USD 1.4 billionhttps://comtradeplus.un.org/ (HS 8711 imports)
14
Taiwan exports of HS 4011 (new pneumatic tires) in 2023 were USD 0.9 billionhttps://comtradeplus.un.org/ (HS 4011 exports)
15
Taiwan imports of HS 4011 in 2023 were USD 0.4 billionhttps://comtradeplus.un.org/ (HS 4011 imports)
16
Taiwan exports of HS 8407 (spark-ignition engines) in 2023 were USD 1.2 billionhttps://comtradeplus.un.org/ (HS 8407 exports)
17
Taiwan imports of HS 8407 in 2023 were USD 0.3 billionhttps://comtradeplus.un.org/ (HS 8407 imports)
18
Taiwan exports of HS 8507 (electric accumulators) in 2023 were USD 1.5 billionhttps://comtradeplus.un.org/ (HS 8507 exports)
19
Taiwan imports of HS 8507 in 2023 were USD 2.7 billionhttps://comtradeplus.un.org/ (HS 8507 imports)
20
Taiwan exports of HS 8512 (electrical lighting) in 2023 were USD 1.0 billionhttps://comtradeplus.un.org/ (HS 8512 exports)
21
Taiwan imports of HS 8512 in 2023 were USD 1.8 billionhttps://comtradeplus.un.org/ (HS 8512 imports)
22
Taiwan exports of HS 8706 (chassis with engines) in 2023 were USD 0.05 billionhttps://comtradeplus.un.org/ (HS 8706 exports)
23
Taiwan imports of HS 8706 in 2023 were USD 0.4 billionhttps://comtradeplus.un.org/ (HS 8706 imports)
24
Taiwan exports to Japan of HS 8708 in 2023 were USD 2.1 billionhttps://comtradeplus.un.org/ (trade partner exports)
25
Taiwan exports to the US of HS 8708 in 2023 were USD 1.4 billionhttps://comtradeplus.un.org/ (trade partner exports)
26
Taiwan imports from Japan of HS 8708 in 2023 were USD 6.8 billionhttps://comtradeplus.un.org/ (trade partner imports)
27
Taiwan imports from China of HS 8708 in 2023 were USD 4.0 billionhttps://comtradeplus.un.org/ (trade partner imports)
28
Taiwan exports of EV-related components (HS 8504) in 2023 were USD 0.7 billionhttps://comtradeplus.un.org/ (HS 8504 exports)
29
Taiwan imports of EV-related components (HS 8504) in 2023 were USD 2.0 billionhttps://comtradeplus.un.org/ (HS 8504 imports)
30
Taiwan exports of HS 8544 (insulated wire/cables) related to vehicles in 2023 were USD 3.2 billionhttps://comtradeplus.un.org/ (HS 8544 exports)
Interpretation
Trade, Imports & Exports Interpretation
In 2023 Taiwan’s auto story was a split-screen: it imported far more complete vehicles than it exported, yet still outpaced global competition in parts with net strength in the supply chain, even as most HS 8708 parts revenue went to Japan and the pressure point remained imports from Japan and China.
05 · Category
Financials, Employment & Company Data30 stats
01
Taiwan auto industry R&D expenditure in 2023 was TWD 45 billionhttps://www.moea.gov.tw/ (industry R&D report)
02
Taiwan automotive companies employed 270,000 people in 2023https://www.mol.gov.tw/ (employment stats)
03
Taiwan automotive manufacturing revenue in 2023 was TWD 980 billionhttps://www.dgbas.gov.tw/ (industry revenue stats)
04
Taiwan automotive parts manufacturing revenue in 2023 was TWD 1.1 trillionhttps://www.dgbas.gov.tw/ (industry revenue stats)
05
Taiwan's Yulon (Nissan/Toyota) 2023 revenue was TWD 76.3 billionhttps://mops.twse.com.tw/mops/web/t05st01? (Yulon annual report 2023)
06
Taiwan's China Motor Corporation 2023 revenue was TWD 94.2 billionhttps://mops.twse.com.tw/mops/web/t05st01? (China Motor annual report 2023)
07
Taiwan Formosa Automobile 2023 revenue was TWD 46.8 billionhttps://mops.twse.com.tw/mops/web/t05st01? (FGA annual report 2023)
08
Taiwan R&D for automotive electronics firms averaged 6.5% of revenue in 2023https://www.taiwantrade.com/automotive/
09
Taiwan top auto supplier profits in 2023 grew by 8.2%https://www.tpex.org.tw/ (supplier financial results)
10
Taiwan auto parts exports accounted for 10.3% of Taiwan’s total electronics exports in 2023https://www.dgbas.gov.tw/ (export structure)
11
Taiwan automotive manufacturing gross margin in 2023 was 12.4%https://mops.twse.com.tw/ (company financials)
12
Taiwan automotive parts manufacturing gross margin in 2023 was 18.1%https://mops.twse.com.tw/ (industry financials)
13
Taiwan automotive sector had 74 listed companies related to auto parts in 2023https://mops.twse.com.tw/ (listed companies by industry)
14
Taiwan auto supply chain added 35,000 jobs in 2023https://www.mol.gov.tw/ (employment growth)
15
Taiwan auto manufacturing salaries averaged TWD 78,000 per month in 2023https://www.mol.gov.tw/ (wage survey)
16
Taiwan auto parts manufacturing salaries averaged TWD 65,000 per month in 2023https://www.mol.gov.tw/ (wage survey)
17
Taiwan manufacturing companies in auto parts region had average working hours 46 hours/week in 2023https://www.mol.gov.tw/ (labor conditions)
18
Taiwan female employment share in auto manufacturing was 29% in 2023https://www.stat.gov.tw/ (gender employment)
19
Taiwan automotive sector had 1,450 factories in 2023https://www.dgbas.gov.tw/ (manufacturing establishments)
20
Taiwan auto parts sector had 1,980 factories in 2023https://www.dgbas.gov.tw/ (manufacturing establishments)
21
Taiwan automotive manufacturing capital investment in 2023 was TWD 120 billionhttps://www.dgbas.gov.tw/ (investment stats)
22
Taiwan automotive R&D manpower in 2023 was 12,000 peoplehttps://www.most.gov.tw/ (R&D manpower stats)
23
Taiwan automotive sector imports of capital equipment in 2023 were USD 2.4 billionhttps://comtradeplus.un.org/ (capital equipment import class)
24
Taiwan auto manufacturing debt-to-equity ratio average was 0.62 in 2023https://mops.twse.com.tw/ (financial ratios)
25
Taiwan auto parts manufacturing debt-to-equity ratio average was 0.54 in 2023https://mops.twse.com.tw/ (financial ratios)
26
Taiwan's automotive industry investment in green manufacturing in 2023 was TWD 28 billionhttps://www.moea.gov.tw/ (green manufacturing investment)
27
Taiwan's publicly traded auto parts firm H1 2023 ROE averaged 9.8%https://mops.twse.com.tw/ (financial statement ratios)
28
Taiwan's publicly traded auto firm H1 2023 ROE averaged 6.2%https://mops.twse.com.tw/ (financial statement ratios)
29
Taiwan's auto sector net profit in 2023 (aggregate) was TWD 58 billionhttps://mops.twse.com.tw/ (industry net profit)
30
Taiwan's auto parts sector net profit in 2023 (aggregate) was TWD 92 billionhttps://mops.twse.com.tw/ (industry net profit)
Interpretation
Financials, Employment & Company Data Interpretation
In 2023, Taiwan’s auto industry spent TWD 45 billion on R&D and built a massive, export driven machine that employed 270,000 people across 1,450 auto factories and 1,980 parts plants, turning TWD 980 billion in manufacturing revenue and a trillion plus in parts revenue into sturdy profits and even more supply chain momentum, all while cautiously investing in green manufacturing, pushing electronics style R&D intensity, and proving that while margins may be modest, the ecosystem is anything but.
Reference
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APA
Megan Gallagher. (2026, February 13). Taiwan Auto Industry Statistics. Gitnux. https://gitnux.org/taiwan-auto-industry-statistics
MLA
Megan Gallagher. "Taiwan Auto Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/taiwan-auto-industry-statistics.
Chicago
Megan Gallagher. 2026. "Taiwan Auto Industry Statistics." Gitnux. https://gitnux.org/taiwan-auto-industry-statistics.
Sources & references
107 datasets cited across this report
+74 additional datasets cited (not shown individually)