Taiwanese manufacturers are preparing to seize business opportunities that are likely to arise with the arrival of US-based electric car maker and vendor Tesla Motors Inc, which is expected to build charging stations in Taiwan, market sources said on Saturday.
Among the interested electric car component makers are electric vehicle harness maker BizLink Holding Inc (貿聯), electrical terminal supplier K.S. Terminals Inc (健和興端子) and power system management supplier Delta Electronics Inc (台達電), the sources said.
Tesla on July 4 announced its plans to enter the Taiwanese market.
Photo: Bloomberg
It has opened a pop-up store at the Shin Kong Mitsukoshi department store in Taipei’s Xinyi District (信義) to showcase the technology and design behind its electric vehicles.
The store is to stay open through Aug. 31, with staff answering questions about the electric cars and how to charge their batteries.
Buyers in Taiwan can pre-order Tesla Model S cars on the vendor’s Taiwan Web site, with the first delivery expected to come in the first quarter of next year.
Taiwan is the sixth market in the Asia-Pacific region into which Tesla has made inroads.
The company said that it will set up a regional service center and charging network in Taiwan to meet the needs of local buyers.
The sources said that Tesla plans to set up more than 10 charging stations in Taiwan, which has prompted firms like Delta Electronics to pay attention to potential business from Tesla.
They said Delta Electronics is expected to take the lead in power management solutions for Tesla’s charging stations, as the Taiwanese firm has long been exploring the global electric car market with a wide range of products to meet demand from its various clients in the US, Europe, Japan and China.
However, the sources said that while the government has pushed for the development of the electric vehicle industry, local construction and security regulations have failed to catch up with the developments and efforts to set up charging stations could be hampered.
The sources added that the government should introduce incentives to encourage electric car component makers to join the efforts to build a charging station network in Taiwan.
Tesla runs 681 charging stations, called superchargers, around the world to provide charging services for free, and the stations are mostly near restaurants, shopping malls and Wi-Fi hot spots.
Tesla cars can drive 270km on a 30-minute charge, according to the company.
Intel Corp chief executive officer Lip-Bu Tan (陳立武) is expected to meet with Taiwanese suppliers next month in conjunction with the opening of the Computex Taipei trade show, supply chain sources said on Monday. The visit, the first for Tan to Taiwan since assuming his new post last month, would be aimed at enhancing Intel’s ties with suppliers in Taiwan as he attempts to help turn around the struggling US chipmaker, the sources said. Tan is to hold a banquet to celebrate Intel’s 40-year presence in Taiwan before Computex opens on May 20 and invite dozens of Taiwanese suppliers to exchange views
Application-specific integrated circuit designer Faraday Technology Corp (智原) yesterday said that although revenue this quarter would decline 30 percent from last quarter, it retained its full-year forecast of revenue growth of 100 percent. The company attributed the quarterly drop to a slowdown in customers’ production of chips using Faraday’s advanced packaging technology. The company is still confident about its revenue growth this year, given its strong “design-win” — or the projects it won to help customers design their chips, Faraday president Steve Wang (王國雍) told an online earnings conference. “The design-win this year is better than we expected. We believe we will win
Chizuko Kimura has become the first female sushi chef in the world to win a Michelin star, fulfilling a promise she made to her dying husband to continue his legacy. The 54-year-old Japanese chef regained the Michelin star her late husband, Shunei Kimura, won three years ago for their Sushi Shunei restaurant in Paris. For Shunei Kimura, the star was a dream come true. However, the joy was short-lived. He died from cancer just three months later in June 2022. He was 65. The following year, the restaurant in the heart of Montmartre lost its star rating. Chizuko Kimura insisted that the new star is still down
While China’s leaders use their economic and political might to fight US President Donald Trump’s trade war “to the end,” its army of social media soldiers are embarking on a more humorous campaign online. Trump’s tariff blitz has seen Washington and Beijing impose eye-watering duties on imports from the other, fanning a standoff between the economic superpowers that has sparked global recession fears and sent markets into a tailspin. Trump says his policy is a response to years of being “ripped off” by other countries and aims to bring manufacturing to the US, forcing companies to employ US workers. However, China’s online warriors
RSS