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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.

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.

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.

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.

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

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

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.

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.

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.