Page 14 - GenerationCar

Connecting with Taiwan's ICT
2 Industry to exploit next-generation

vehicle opportunities

Next-generation vehicles cover a wide range of industries. EVs and
self-driving vehicles are both waiting for breakthroughs in new technologies,
so the threshold for R&D is quite high. Traditional car makers can't complete
development on their own, and tech companies can't enter the automotive sector
without help either. Emerging automotive companies in particular need to look
for partners for cross-industry/sector cooperation or engage in multi-national
technical cooperation in order to break into the emerging technologies sector.
The ICT industry of Taiwan boasts world-class R&D capability and manufacturing
expertise. Its many years of experiences in the automotive electronics industry
have created a variety of applications for vehicle safety, mobility assistance,
communications multimedia, and automotive IC. Its manufacturing capacity is
strongly trusted by foreign and local vendors. Taiwan's supply chain has gradually
established the production capacity for key components necessary for next-
generation automobiles such as camera, radar, IoV communication modules,
and other sensor/positioning products. Taiwanese companies have track records
of shipments to international companies and other companies have invested in
LiDAR and HD maps to strengthen market opportunities in system integration.
Faced with a tidal wave of next-generation vehicles, consumers now expect more
in terms of environmental protection and safety. Massive increases in demand
for car sensing technology indicate that Taiwan can partner with international car
makers in the development of next-generation vehicles.

Specific cases include the signing of a cooperation agreement between top-
ten automobile manufacturer FCA and Taiwan's Foxconn Group. They plan to
establish a joint venture dedicated to the development and production of electric
vehicles and operation in the global IoV industry. The goal is to accelerate the
entry into key automobile component and software and hardware integration. The
Taiwanese partner shall be responsible for the production of key components and
the supply of innovative software integration service development. Furthermore,

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