Page 20 - GenerationCar

Successful Examples of

Foreign Companies

1 Investment in production
and manufacturing

Honda Taiwan, a fully-owned subsidiary of Honda Japan, plans to
invest an additional NT$4 billion over five years starting from 2019. The
production equipment at its Pingtung car assembly plant will be upgraded
and new models introduced to strengthen its presence in the Taiwan market.
At the same time, Toyota not only acquired a stake in Fukuta but is also
planning to engage in technical cooperation on automotive motors for EVs,
and plug-in hybrids (PHV). Kuozui Motors, Toyota's production plant in
Taiwan, recently invested NT$6 billion in production line upgrades and the
introduction of hybrid models.

2 Cooperation on R&D and testing facilities

NVIDIA, the American graphic card maker, has signed a memorandum
of understanding with Taiwan's Ministry of Science and Technology as
well as its subordinate National Research Laboratories to take part in the
development of Taiwan's self-driving vehicle industry and to cooperate with
Taiwan CAR Lab on technical applications. Magna from Canada has already
established a R&D center in Taiwan to develop automotive ultrasonic sensors
and associated parking/reverse assistance systems, automotive video and
front recognition camera modules/systems. Additional investments are
planned for R&D projects in new fields.

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