The Ministry of Economic Affairs yesterday announced the launch of an electric car industry research consortium and projected that the output value of the country’s electric car industry would reach more than NT$300 billion (US$9.19 billion) by 2020.
Wu Ming-ji (吳明機), director-general of the Department of Industrial Technology, said countries around the world have been working to promote the development of electric cars.
The US has plans for 1 million electric cars by 2015, while China also has a plan to test 1,000 electric cars in 10 major cities, Wu said.
“Although Taiwan currently only offers subsidies for electric motorcycles, the government will also establish policies and measures to promote electric cars in the future,” Wu said. “Electric cars are not a dream, but will soon become a reality.”
Wu said if Taiwan’s auto industry could combine with the information technology (IT) and electronics industries, the nation could play an important role in the world’s electric car market.
Taiwan Transportation Vehicle Manufacturers Association chairman Chen Kuo-rong (陳國榮) said that if every electric car were sold at US$30,000, it would translate into an output value of US$2.1 trillion.
“If Taiwan’s IT industry has a global market share of 3 percent, the output value of Taiwan’s electric car industry could reach NT$2 trillion,” he said.
Quanta Computer Inc (廣達) chairman Barry Lam (林百里) is expected to share his views about the artificial intelligence (AI) industry’s prospects during his speech at the company’s 37th anniversary ceremony, as AI servers have become a new growth engine for the equipment manufacturing service provider. Lam’s speech is much anticipated, as Quanta has risen as one of the world’s major AI server suppliers. The company reported a 30 percent year-on-year growth in consolidated revenue to NT$1.41 trillion (US$43.35 billion) last year, thanks to fast-growing demand for servers, especially those with AI capabilities. The company told investors in November last year that
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Power supply and electronic components maker Delta Electronics Inc (台達電) yesterday said second-quarter revenue is expected to surpass the first quarter, which rose 30 percent year-on-year to NT$118.92 billion (US$3.71 billion). Revenue this quarter is likely to grow, as US clients have front-loaded orders ahead of US President Donald Trump’s planned tariffs on Taiwanese goods, Delta chairman Ping Cheng (鄭平) said at an earnings conference in Taipei, referring to the 90-day pause in tariff implementation Trump announced on April 9. While situations in the third and fourth quarters remain unclear, “We will not halt our long-term deployments and do not plan to