MotorSource (2019 ASIA MOTORCYCLE SHOW SPECIAL ISSUE)

The total number of motorcycle license plate issued in Taiwan last year was around 855,000, a decrease of 14.4% in comparison to 2017. The sales volume in domestic market of three major brands, KYMCO, SYM and YAMAHA Motor Taiwan also dropped. Compared with the decline in the fuel-powered locomotive market, sales of electric motor vehicle in Taiwan have doubled, from 45,000 to 86,000. In response to the current situation of Taiwanese locomotive market, Taiwanese companies have transferred their annual targets to electric motor vehicles or overseas markets. SYM announced in February, 2019 that its domestic and international sales reached 500,000 units last year. SYM hopes to achieve the target of 10% growth in sales volume, which will be 550,000 units in 2019, and focuses on developing products for more than 90 export markets, including the introduction of new electric vehicles. As for, KYMCO, they released the latest electric heavy motorcycle and charging system devices at the Tokyo Motorcycle Show in March, and launched commercial solutions as well as shared rental services to actively deploy the electric motor vehicle market. YAMAHA Motor Taiwan made an announcement last year that they are cooperating with the first Taiwan- ese electric vehicle brand GOGORO to launch a new model. In early April, the Japanese parent company announced alliance with four major Japanese automak- ers to jointly promote the standardized design of electric vehicles. After the European Union and other countries announced the suspension of fuel-powered vehicles, export-oriented companies in Taiwan are also accelerating the process of research and development of electric vehicles. INDUSTRY TRENDS MOTOR SOURCE www.IMB2B.com Source: Taiwan Transportation Vehicle Manufacturers Association Taiwan Motorcycle Export Amounts by Country for Jan. to Nov. in 2018 Unit: USD Rank Country Jan-Dec Total Percentage Compared to same period in 2017 1 Japan 67,873,801 25.20% -30.66% 2 Italy 38,942,891 14.46% 15.89% 3 Spain 16,639,271 6.18% -53.39% 4 Columbia 16,460,503 6.11% -18.52% 5 South Korea 13,777,676 5.12% -20.37% 6 Israel 13,182,722 4.89% 45.10% 7 Hong Kong 12,896,134 4.79% -16.37% 8 United States 12,265,997 4.55% -20.92% 9 Belgium 11,815,084 4.39% -39.01% 10 Germany 7,971,494 2.96% -9.16% 11 Canada 7,214,552 2.68% 247.67% 12 Greece 7,060,117 2.62% 3.19% 13 China 5,645,802 2.10% 202.27% 14 Macau 5,205,248 1.93% -24.80% 15 Iraq 4,290,909 1.59% 59.49% 16 Netherlands 3,901,178 1.45% -66.75% 17 Malaysia 2,201,728 0.82% 400.98% 18 Dominican 1,805,344 0.67% 15.19% 19 Algeria 1,802,650 0.67% 233.73% 20 Mexico 1,644,668 0.61% -26.22% Other 16,713,934 6.21% -42.23% Total 269,292,319 100.00% -19.96% 15