AAA weekly

2023-10-13

Taiwan’s Automobile Production and Export Results in the First Half 2023

In Taiwan, automobile production in the first half of 2023 increased by 14.7% year-on-year to 139,000 units. There have not been many major changes in terms of manufacturing of conventional vehicles; however, several electric vehicles went into production.

Taiwan’s second largest automaker China Motor has expanded its electric vehicle lineup. In September 2022, the company began production of the PHEV version of MG’s HS model, which it manufactures under contract. In addition, under its own brand CMC, China Motor launched production of the Delica truck-based MHEV, the P350 Hybrid, by October 2022. Moreover, production of the E300, renamed from e-Verica, began around April 2023.

Yulon Motor plans to start production of the Luxgen n7 in the last quarter of 2023. The n7 electric CUV is the first production model designed and developed in partnership with Foxtron, the newly formed automotive division of Taiwanese contract manufacturer Foxconn. Since 2020, the Luxgen brand has been narrowing down its production models, and currently only produces two models, the U6 and URX, but with the release of the n7 it will begin producing a new product for the first time in four years.


Graph: Taiwan: Production Volume of Automobiles (January 2020-June 2023)Graph: Taiwan: Export Volume of Automobiles (January 2020-June 2023)
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