2026 Taiwan Industrial Outlook - Automotive and Innovative Mobility Industry
Global Market: Driven by economic recovery, the global vehicle market grew by 4.7%, with total sales reaching 99.80 million units.
Taiwan Market: Taiwan's domestic vehicle sales fell 9.6% compared to 2024, totaling 414,000 units. Annual production stood at 234,000 units, representing a 14.9% decline YoY. This decline caused the market share of imported vehicles to climb to 49.1%, posing severe economies-of-scale challenges for domestic vehicle manufacturers. To respond to policy guidance, domestic carmakers are actively shifting focus toward smart cockpits and advanced driver-assistance systems (ADAS) while adjusting localization supply chain value ratios.