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Local companies to benefit from Tesla’s arrival in Taiwan

Tesla in Taiwan - Retail in Asia

Earlier this month, Tesla Motors Inc expanded into Taiwan with a pop-up store in Shin Kong Mitsukoshi Department Store in Xinyi District, Taipei, the capital city. While full-scale retail and service locations are expected to open soon, the popular electric vehicle (EV) has electrified the nation’s local companies.

Taipei Times reported that Taiwanese manufacturing firms are eagerly awaiting Tesla’s arrival to grab business opportunities, as it will most likely start building its fast-DC charging stations called the Superchargers in the country soon.

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According to industry sources, local EV equipment-maker BizLink Holding Inc, an electrical terminal provider K.S. Terminals Inc, and a power systems solution company Delta Electronics Inc are among the interested local firms.

The publication noted that the pop-up store will remain open till the end of this month, allowing locals Taiwanese to take a look at Tesla’s cars and ask any queries related to EV technology from the company’s staff. Interested buyers can place reservations for the Model S on the automaker’s website and first deliveries are expected in the first quarter of 2017.

After expanding into Australia, China, Hong Kong, Japan, and South Korea, Taiwan becomes the sixth Asia Pacific market for the fast-growing automaker. Tesla said that it will open service centers and charging stations in the country to meet local demands from future owners.