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.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle
RSS