Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Taiwan

Electric Vehicle Ties With Japan Will Strengthen

September 2011 | Industry News

A strong yen, the need to diversify production bases away from Japan following the March earthquake and improved ties with China through the Economic Cooperation Framework Agreement (ECFA) will see Taiwan benefit from increased investment from Japanese firms, particularly in the autos segment. This supports BMI's belief that the combination of Taiwan's high-tech supplier segment and the rapid growth of China's vehicle production will offer significant opportunities for both sides (see 'Cross-Strait Cooperation Intensifies In Run-Up To Trade Pact', December 15

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