Taiwan-U.S. Synergy Expands EV Supply-chain Collaboration
TAIPEI, April 15, 2024 /PRNewswire/ -- To promote closer cooperation between Taiwan-U.S. auto-electronics supply chain, technology, and regulations, SAE Taipei Section of Taiwan– the sole organization directly linking the vehicle domain with the U.S. –will soon lead a delegation to participate in the "2024 World Congress Experience (WCX)", powered by SAE International.
- Taiwan's vehicle industry, leveraging its leading position in semiconductors, robust chip design capabilities, and mature vehicle communication technology, provides a solid foundation for autonomous driving, auto-electronics, and EV technology.
- Chairman Wang states that research institutions estimate EV penetration will reach 60% by 2040, with a market size approaching US$2 trillion.
- Taiwan boasts a complete EV industry supply chain, backed by international delivery records and abundant ICT capabilities.
- The journey extends to California, where they will visit Tesla in San Francisco, further exploring opportunities for Taiwan-U.S. collaboration in the ADAS supply chain.