- CEO
- Ming Xian Li
- Full Time Employees
- 12,858
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- No. 19-9, San Chong Road Taipei TPE Taiwan 11501
- IPO Date
- Nov 5, 1973
- Business
- TECO Electric & Machinery Co., Ltd. is a Taiwan-based manufacturer and provider of electrification products and engineered system solutions. The company offers a broad portfolio including electric motors (such as NEMA motors, explosion-proof motors, high voltage motors, inverter motors, and geared motors); motor drives and frequency inverters; industrial automation products like programmable logic controllers (PLC) and human-machine interfaces (HMI); power system equipment including energy-saving motors, inverters, switchboards, and intelligent monitoring systems; and electric vehicle (EV) powertrain systems for buses, SUVs, and commercial vehicles. It also provides specialized solutions for smart factory automation, robotics, HVAC smart air quality monitoring, and power plants aimed at improving efficiency and environmental sustainability. TECO operates globally with significant presence in Taiwan, Southeast Asia, China, Europe, and the United States. Founded in 1956 and headquartered in Taipei, Taiwan, it includes subsidiaries such as TECO-Westinghouse in the U.S.
In major recent developments, TECO entered a strategic alliance with Hon Hai Technology Group (Foxconn) through a board-approved share exchange in 2025, aiming to enhance cooperation in low-carbon smart factories, energy services, and integrated data center solutions targeting markets in Taiwan, Asia, the Middle East, and the U.S. TECO also expanded into the European commercial electric vehicle market by partnering with Italy's BRIST to develop integrated e-axle solutions. The company acquired Malaysia’s NCL Energy to enter the Southeast Asian data center mechanical, electrical, and plumbing engineering market, and continues to grow its market share in Taiwan’s onshore substations for offshore wind and electric bus powertrains, holding over 85% market share in the latter. TECO has been recognized for sustainability excellence, including multiple years in the Dow Jones Best in Class Indices and Taiwan Corporate Sustainability Awards. The company focuses on driving global electrification, green energy, and intelligent manufacturing solutions.