00:00Electric vehicles are taking center stage here at Taipei's Autotronics Show.
00:05Thousands of buyers from around 80 countries are eyeing new options, as the war in the
00:09Middle East squeezes global energy supplies.
00:12We don't know how much oil can come out.
00:14These kinds of uncertainties will make the world againé‡Ťč§†ć°¸ç» and quality.
00:31And Taiwan could be part of the movement toward EV innovation.
00:35Taiwan is one of the very important centers for electronics development and innovation
00:41of parts.
00:42So we are trying to actually come here and see what kind of EV development is here and
00:48also what kind of electronics innovations that you offer to other markets, like India.
00:54Taiwanese electronics giant Foxconn recently acquired local car brands like LoXgen.
01:00With growing geopolitical uncertainty, it's using its presence in over 20 countries around
01:05the world to secure its supply chains.
01:18We are using all the main parts of the city.
01:29Industry experts say with oil prices rising, EVs are receiving more attention and there's
01:36an opportunity to leverage Taiwan's ICT strengths, such as in intelligent vehicles.
02:00Taiwan's automotive electronics sector is expected to be valued at close to $19 billion
02:05by 2026, and as the EV sector expands, it looks likely to claim a bigger stake in the global market.
02:13Joseph Hu and I.Q. in Taipei for Taiwan Plus.
Comments