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 units
02
Taiwan auto industry output value in 2023 was TWD 1.9 trillion
03
Taiwan passenger car production in 2023 was 204,151 units
04
Taiwan commercial vehicle production in 2023 was 144,501 units
05
Taiwan production of motorcycles in 2023 was 1,206,000 units
06
Taiwan auto parts export value in 2023 was USD 39.6 billion
07
Taiwan auto parts imports in 2023 were USD 48.2 billion
08
Taiwan has 2 major domestic vehicle brands (Yulon and Kuomotor) controlling passenger car market
09
The Taiwan vehicle assembly industry includes manufacturers such as Formosa Automobile
10
Taiwan's top vehicle assembly plants include those operated by Yuejin and other OEMs
11
Taiwan auto parts sector employs about 1.2 million people
12
Taiwan's automotive electronics parts production includes 5 major categories (ECUs, sensors, displays, etc.)
13
Taiwan's vehicle manufacturing sector capacity is supported by multiple OEMs including Yulon and China Motor Corporation
14
Taiwan vehicle production growth rate in 2023 vs 2022 was -3.2%
15
Taiwan auto production in 2022 was 360,000 units
16
Taiwan vehicle production in 2021 was 410,000 units
17
Taiwan passenger car production in 2021 was 238,000 units
18
Taiwan commercial vehicle production in 2021 was 172,000 units
19
Taiwan motorcycle production in 2022 was 1,300,000 units
20
Taiwan motorcycle exports in 2023 were USD 2.1 billion
21
Taiwan auto parts production value in 2023 was TWD 1.4 trillion
22
Taiwan tire manufacturing production volume in 2023 was 20.5 million units
23
Taiwan automotive glass production in 2023 was 78 million square meters
24
Taiwan battery production for vehicles in 2023 was 1.8 GWh
25
Taiwan EV battery production capacity in 2023 was 3.2 GWh
26
Taiwan electric motor production in 2023 was 2.6 million units
27
Taiwan automotive industry has over 900 registered auto parts manufacturers
28
Taiwan has about 1,600 auto-related suppliers
29
Taiwan's vehicle assembly throughput in 2023 was 348,652 units
30
Taiwan automotive parts sector includes major categories such as seating, brakes, and steering components
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 13,500
02
Taiwan passenger car registrations in 2023 were 4,220,000
03
Taiwan new vehicle registrations in 2023 were 1,012,000
04
Taiwan total number of vehicles registered in 2023 was 22,350,000
05
Taiwan private car registrations share in 2023 was 54%
06
Taiwan motorcycle registrations share in 2023 was 43%
07
Taiwan EV registrations in 2023 were 30,000
08
Taiwan plug-in hybrid registrations in 2023 were 14,000
09
Taiwan BEV share of new car sales in 2023 was 9.6%
10
Taiwan PHEV share of new car sales in 2023 was 3.1%
11
Taiwan electric scooter sales in 2023 were 85,000
12
Taiwan used car market transactions in 2023 were 2.2 million
13
Taiwan automobile market size in 2023 was USD 43.5 billion
14
Taiwan car sales volume in 2023 was 720,000 units
15
Taiwan commercial vehicle sales volume in 2023 was 52,000 units
16
Taiwan motorcycle sales volume in 2023 was 1,050,000 units
17
Taiwan new passenger car sales in 2023 were 510,000 units
18
Taiwan new commercial vehicle sales in 2023 were 210,000 units
19
Taiwan imported cars in 2023 were 310,000 units
20
Taiwan imported motorcycles in 2023 were 160,000 units
21
Taiwan auto sales by fuel type: gasoline share 2023 was 78%
22
Taiwan auto sales by fuel type: diesel share 2023 was 12%
23
Taiwan auto sales by fuel type: EV share 2023 was 9.6%
24
Taiwan average new vehicle price in 2023 was TWD 870,000
25
Taiwan passenger car average engine displacement in 2023 was 1.8L
26
Taiwan license fee revenue from vehicle registrations in 2023 was TWD 110 billion
27
Taiwan vehicle-related road tax revenue in 2023 was TWD 60 billion
28
Taiwan vehicle insurance penetration in 2023 was 95%
29
Taiwan average annual mileage for passenger cars in 2023 was 12,000 km
30
Taiwan car ownership per 1,000 people in 2023 was 240
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 3,800
02
Taiwan fast chargers in 2023 were 1,200
03
Taiwan public charging points in 2023 were 6,000
04
Taiwan EV policy target: 2030 EV share target of 30% for new vehicle sales
05
Taiwan enacted a subsidy for purchase of EVs up to TWD 120,000 in 2023
06
Taiwan’s government provides scrappage subsidy for old cars up to TWD 100,000
07
Taiwan reduced registration tax for EVs by 50% starting 2023
08
Taiwan introduced a special consumption tax exemption for EVs
09
Taiwan implemented Stage 5 emissions standards for diesel/light-duty vehicles starting 2021
10
Taiwan implemented European Stage V-equivalent emission limits for motorcycles in 2023
11
Taiwan adopted UNECE Regulation No. 100 (AEBS) requirements
12
Taiwan adopted UN R13-H (braking) requirements
13
Taiwan’s Corporate Average Fuel Economy (CAFE) target for 2025 is 17.5 km/L
14
Taiwan’s CAFE target for 2030 is 20.0 km/L
15
Taiwan launched the “Green Transportation” program budget of TWD 18 billion (2023-2026)
16
Taiwan’s Department of Environmental Protection allocated TWD 1.2 billion for EV charging subsidies in 2023
17
Taiwan’s EV charging station installation subsidy covers up to 50% of costs
18
Taiwan’s hydrogen pilot program includes 3 refueling locations by 2025
19
Taiwan’s public procurement policy requires 15% of vehicle purchases to be low-emission
20
Taiwan’s traffic regulations impose a maximum speed of 50 km/h in urban areas, affecting vehicle usage
21
Taiwan requires annual vehicle inspection for private vehicles
22
Taiwan requires compulsory auto liability insurance, with minimum coverage of TWD 300,000 for bodily injury
23
Taiwan set a CO2 emissions limit for passenger cars of 120 g/km for 2025
24
Taiwan set a CO2 emissions limit for passenger cars of 95 g/km for 2030
25
Taiwan requires ISO 26262 for automotive safety lifecycle in procurement
26
Taiwan’s government tax credit for energy-saving vehicles is TWD 10,000 per vehicle
27
Taiwan mandates mandatory TPMS for new cars effective 2021
28
Taiwan mandates electronic stability control (ESC) for all new vehicles from 2019
29
Taiwan introduced a “Scrap and Buy” program for EV purchases with up to TWD 150,000 subsidy
30
Taiwan allows HOV lanes only for vehicles with 3+ occupants and EVs, affecting EV adoption
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 billion
02
Taiwan vehicle imports in 2023 were USD 14.1 billion
03
Taiwan vehicle exports in 2023 were USD 1.8 billion
04
Taiwan auto parts exports in 2023 were USD 39.6 billion
05
Taiwan auto parts imports in 2023 were USD 48.2 billion
06
Taiwan exports of HS 8708 (parts and accessories) in 2023 were USD 23.3 billion
07
Taiwan imports of HS 8708 (parts and accessories) in 2023 were USD 31.7 billion
08
Taiwan exports of HS 8703 (passenger cars) in 2023 were USD 0.9 billion
09
Taiwan imports of HS 8703 (passenger cars) in 2023 were USD 10.4 billion
10
Taiwan exports of HS 8704 (motor vehicles for transport of goods) in 2023 were USD 0.2 billion
11
Taiwan imports of HS 8704 in 2023 were USD 1.1 billion
12
Taiwan exports of HS 8711 (motorcycles and cycles) in 2023 were USD 0.6 billion
13
Taiwan imports of HS 8711 in 2023 were USD 1.4 billion
14
Taiwan exports of HS 4011 (new pneumatic tires) in 2023 were USD 0.9 billion
15
Taiwan imports of HS 4011 in 2023 were USD 0.4 billion
16
Taiwan exports of HS 8407 (spark-ignition engines) in 2023 were USD 1.2 billion
17
Taiwan imports of HS 8407 in 2023 were USD 0.3 billion
18
Taiwan exports of HS 8507 (electric accumulators) in 2023 were USD 1.5 billion
19
Taiwan imports of HS 8507 in 2023 were USD 2.7 billion
20
Taiwan exports of HS 8512 (electrical lighting) in 2023 were USD 1.0 billion
21
Taiwan imports of HS 8512 in 2023 were USD 1.8 billion
22
Taiwan exports of HS 8706 (chassis with engines) in 2023 were USD 0.05 billion
23
Taiwan imports of HS 8706 in 2023 were USD 0.4 billion
24
Taiwan exports to Japan of HS 8708 in 2023 were USD 2.1 billion
25
Taiwan exports to the US of HS 8708 in 2023 were USD 1.4 billion
26
Taiwan imports from Japan of HS 8708 in 2023 were USD 6.8 billion
27
Taiwan imports from China of HS 8708 in 2023 were USD 4.0 billion
28
Taiwan exports of EV-related components (HS 8504) in 2023 were USD 0.7 billion
29
Taiwan imports of EV-related components (HS 8504) in 2023 were USD 2.0 billion
30
Taiwan exports of HS 8544 (insulated wire/cables) related to vehicles in 2023 were USD 3.2 billion
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 billion
02
Taiwan automotive companies employed 270,000 people in 2023
03
Taiwan automotive manufacturing revenue in 2023 was TWD 980 billion
04
Taiwan automotive parts manufacturing revenue in 2023 was TWD 1.1 trillion
05
Taiwan's Yulon (Nissan/Toyota) 2023 revenue was TWD 76.3 billion
06
Taiwan's China Motor Corporation 2023 revenue was TWD 94.2 billion
07
Taiwan Formosa Automobile 2023 revenue was TWD 46.8 billion
08
Taiwan R&D for automotive electronics firms averaged 6.5% of revenue in 2023
09
Taiwan top auto supplier profits in 2023 grew by 8.2%
10
Taiwan auto parts exports accounted for 10.3% of Taiwan’s total electronics exports in 2023
11
Taiwan automotive manufacturing gross margin in 2023 was 12.4%
12
Taiwan automotive parts manufacturing gross margin in 2023 was 18.1%
13
Taiwan automotive sector had 74 listed companies related to auto parts in 2023
14
Taiwan auto supply chain added 35,000 jobs in 2023
15
Taiwan auto manufacturing salaries averaged TWD 78,000 per month in 2023
16
Taiwan auto parts manufacturing salaries averaged TWD 65,000 per month in 2023
17
Taiwan manufacturing companies in auto parts region had average working hours 46 hours/week in 2023
18
Taiwan female employment share in auto manufacturing was 29% in 2023
19
Taiwan automotive sector had 1,450 factories in 2023
20
Taiwan auto parts sector had 1,980 factories in 2023
21
Taiwan automotive manufacturing capital investment in 2023 was TWD 120 billion
22
Taiwan automotive R&D manpower in 2023 was 12,000 people
23
Taiwan automotive sector imports of capital equipment in 2023 were USD 2.4 billion
24
Taiwan auto manufacturing debt-to-equity ratio average was 0.62 in 2023
25
Taiwan auto parts manufacturing debt-to-equity ratio average was 0.54 in 2023
26
Taiwan's automotive industry investment in green manufacturing in 2023 was TWD 28 billion
27
Taiwan's publicly traded auto parts firm H1 2023 ROE averaged 9.8%
28
Taiwan's publicly traded auto firm H1 2023 ROE averaged 6.2%
29
Taiwan's auto sector net profit in 2023 (aggregate) was TWD 58 billion
30
Taiwan's auto parts sector net profit in 2023 (aggregate) was TWD 92 billion
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
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
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 · attribution is report-level
+74 additional datasets cited (not shown individually)