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EV sales soar in Taiwan despite infrastructure gaps

Reporter TVBS News Staff
Release time:2024/08/30 15:59
Last update time:2024/08/30 15:59
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TAIPEI (TVBS News) — Taiwan's Ministry of Transportation and Communications (MOTC, 交通部) reported that the number of electric vehicles (EVs) in the country surpassed 70,000 by the end of June 2024. However, data from China Credit Information Service (CRIF, 中華徵信所) highlighted a significant shortfall in charging infrastructure, with a car-to-charger ratio of 39.7:1, far below the European Union’s (EU) recommended 10:1 ratio.

Despite this gap, many EV owners believe that charging stations are sufficient, particularly in urban areas. Mr. Chen, an EV owner, noted that charging anxiety is low, as one can generally find a charging station within 80 kilometers when the battery level drops to 20%.

 

Bob Chen (陳鵬旭), CEO of EVGallop Mobility System (旭電馳科研公司), pointed out that Taiwan's favorable geography and dense population allow a single fast-charging station to serve a large number of vehicles. He also stressed the need for more high-powered fast-charging stations, which can fully charge some EVs in just 20 minutes.

Chiang Ming-chien (江明謙), an analyst at Digitimes, cautioned that while widespread charger installation is critical, it may not yield ideal returns for operators. He explained that the challenge lies in balancing charging demand with operator profitability.

Even with these infrastructure challenges, the growing popularity of EVs in Taiwan continues, with many buyers opting for EVs despite not having home charging equipment. This trend indicates a broader acceptance and understanding of EVs among Taiwanese consumers.