Team Taiwan's appearance at AAPEX Taiwan Pavilion has generated more than 1.9 billion yuan in business opportunities

A group photo of distinguished guests at the opening ceremony of the "Taiwan Flagship Pavilion" at the American Automotive After-sales Service Parts Exhibition. (Provided by the Ministry of Economic Affairs)

[Reporter Lin Jinghua/Reporting from Taipei] The "American Automotive After-sales Service Parts Exhibition (AAPEX)" was held in Las Vegas from the 3rd to the 5th. In order to help industry players deeply explore the North American market, the Ministry of Economic Affairs joined hands with the Vehicle Association, the Hand Tool Association and the auto parts industry to organize the "Flagship Taiwan Pavilion", which invited 219 companies to participate in the exhibition. It is the third largest participating country this year, with "Team "Taiwan" as the main theme, showing the innovative strength and supply chain advantages of Taiwan's auto parts industry to international buyers, enhancing the visibility and trust of Taiwan's auto parts industry in the global automotive after-sales market, and promoting business opportunities of more than 60 million US dollars (approximately NT$1.98 billion).

The Ministry of Economic Affairs stated that AAPEX has been combined with the "SEMA" to form the "Automotive After-sales Service Week", which is an important procurement platform for the global auto parts industry and an important base for Chinese companies to expand the North American market. This year, for the first time, a SEMA exhibition group has been organized and combined with the Taiwan Premium Pavilion to showcase technological achievements in the fields of assisted driving, Internet of Vehicles and fleet management, as well as smart mobility and automotive electronics R&D capabilities. By participating in the AAPEX and SEMA dual exhibitions at the same time, it will help companies grasp the dual business opportunities in the after-sales service and modified parts markets.

The United States is Taiwan's largest export market for auto parts, accounting for about 50% of my country's auto parts exports. As global vehicles move towards electrification and smart development, and the demand for after-sales services continues to grow, Taiwan's exhibitors gathered at this exhibition, including the world's largest collision parts manufacturer, a leading brand in the automotive after-sales market, major automotive electronics manufacturers, and friction material manufacturers, demonstrated the innovative energy of Taiwan's auto parts manufacturing technology and smart technology. A total of 1,050 buyers and visitors were attracted to negotiate and exchange during the three-day exhibition period.

The Ministry of Economic Affairs pointed out that in response to changes in the global economic and trade situation, the government has used the special budget for resilience to assist Taiwanese companies in expanding overseas markets by organizing overseas sales delegations, participating in iconic international exhibitions, inviting buyers to Taiwan, and negotiating purchases. Following the American Auto Parts Show, the Ministry of Economic Affairs will successively organize groups to participate in large-scale international exhibitions such as Electronica, MEDICA and IPF, and build a flagship Taiwan pavilion to comprehensively assist diversified industries in expanding overseas sales.