60% of Green Components for Future EVs will come from Taiwan 未來車 60%綠組件來自台灣

With soaring oil prices, ever-growing awareness of the need for environmental protection and the rush to develop electric vehicles on a global scale, the balance in the automobile industry has shifted. The Green Industrial Revolution means a new race has begun. Since Taiwan has a relatively comprehensive electric vehicle components supply chain, if it is able to leverage its strengths and support the global electric vehicle market, a new Blue Ocean for this emerging industry will thus be born.


“For identical types of automobiles, electric vehicles are 42% more energy-efficient and emit 32% less CO2 than vehicles with gasoline engines.” Deputy General Director James Wang of ITRI’s Mechanical & Systems Research Laboratories (MSL) said that after the 2009 UN Climate Change Conference in Copenhagen, awareness of the need for protection of the environment became heightened, which is key to the accelerated development of the electric vehicle industry.


There is a product that utilizes over 20 microprocessors and employs 10 operating systems and application programs to control all of its functions. The customer is able to connect to headquarters from anywhere and check the performance of the product. Recharging is possible as long as there is an electrical outlet. Would you say it is a piece of high-tech equipment or an automobile? This is where electric vehicles subvert traditions. When the gasoline engine, gearbox, fuel tank, radiator, exhaust pipes and catalytic converter are removed from an automobile and servo motors, batteries and a sophisticated electronic control system are installed as their replacement, it is no longer a car but a high-tech, innovative application.


The electric vehicle has rewritten the rules of the game, forcing the giants of the auto industry to return to square one. This starting point is extremely favorable to Taiwan. “Open the electrical control system, and there you will find IC boards and electronic components, which are all familiar to Taiwanese.” Cheng Kuo-rong, vice chairman of the Luxgen Motor Co. said that “Automotive electronics will account for 40% of a vehicle’s total production value, and electric vehicles will constitute more than 70%.”