China's component industry is developing rapidly and the domestic demand market is huge, but overall, there are still problems to be solved. To improve the innovation of China's auto parts industry, the technical added value of products, the direction and investment of scientific proportion R & D, the coordination of zero-zero relationships, and the standardization of market operations are all important issues that companies need to jointly solve.

Disruptive technology is overturning the digital transformation of the automotive supply chain. The recent COVID-19 epidemic has hit the global auto market. The demand for transformation within the industry has increased. The integration of technology applications and electric vehicles will become the future development trend.

At present, ordinary automobiles mainly use fossil fuels as their power source, which not only consumes a lot of petroleum resources but is also one of the main culprits of greenhouse gas emissions. In order to cope with the global trend of energy-saving and carbon reduction, many countries have adopted vehicle electrification as an important greenhouse gas reduction measure.

The world is studying how to deal with the increasing number of discarded electric vehicle batteries.

With the rise of the global electric vehicle market, how should Taiwan’s opportunities be grasped?

In 2021, the global electric vehicle market will grow by 40%, with total sales exceeding 3 million units. As of 2019, more than 2 million electric vehicles have been sold worldwide, accounting for 2.5% of all vehicle sales. It is estimated that the compound annual growth rate of global electric vehicles in the next ten years will reach 29%; the total sales of electric vehicles It will increase from 2.5 million in 2020 to 11.2 million in 2025 and 31.1 million in 2030.

Light Detection and Ranging is abbreviated as LiDAR or laser radar. It is an optical remote sensing technology that uses light to measure the distance of a target. LiDAR can measure the distance with high precision, recognize the appearance of objects, and build a 3D geographic information model around it. The advantages of distance measurement, high precision, and high recognition etc., are not affected by the brightness of the environment. It can sense the shape and distance of surrounding obstacles day and night. The scanning range is 100-200 meters, which can meet the needs of self-driving cars’ more precise sensing needs.

LIDAR (a combination of light and radar) is an indispensable component of many autonomous vehicles. It measures distance through light and becomes the eyes of autonomous vehicles.

An automobile transmission system refers to the general term of all power transmission devices from the engine to the driving wheels. The function of the transmission system is to transmit the power of the engine to the driving wheels.

In response to energy-saving trends, the automotive industry has developed Hybrid Electric Vehicles and Electric Vehicles. Hybrid electric vehicles and electric vehicles belong to the two major trends of the current Green Car development. According to their design concepts and structural differences, in fact, HEV and EV can each be subdivided into different types.

During the operation of a factory, the flow of materials determines the production efficiency of the factory. Recently, production lines have gradually added automation equipment, but the supply or handling of materials to and from the production line still relies on manual handling operations. This often results in unsmooth logistics and interrupted production flow. To avoid interruptions in supply, and reduce storage and production space, Automated Guided Vehicle (AGV) technology offers an unmanned management solution.

Even though global automotive supply chain manufacturers have mostly invested in the development and production of electric vehicles, the old car repair market still remains. As automotive component customer demand has changed, global original car manufacturers (OEMs) are turning to the Taiwan After Market (AM) supply chain to place orders for OEM parts with companies that are originally AM manufacturers.

A hidden important market in the automotive supply chain is the automotive after market (AM) which is used to satisfy after-sales repairs, inspections, maintenance, replacement, or modification services, and is an important part of the automotive supply chain.

The sheet metal parts, plastic parts, and lights of the car body account for the majority of car damage in car accidents. Hundreds of thousands of accidents involving damage to these parts occur every year. The repair and replacement of these parts are an important source of income for car repair shops and parts manufacturers.

The Asian region has always been the core area for global motorcycle and scooter sales, with India, China, and Indonesia being the top three markets. The Asian market has potential. The global demand for motorcycles and scooters is increasing.

When car consumers buy vehicles, in addition to considering the performance of the car, such as power, handling, and safety, they also consider the comfort of the vehicle. Noise, vibration, and harshness (NVH) has become an increasingly important factor for consumers in buying a car. A car with a high NVH rating performance will provide a more comfortable ride. In the design and development of new vehicles, car manufacturers need to evaluate and develop new models with higher performance.