Formosa Automobile manufactured Daewoo vehicles from 2003 until the end of 2006. About 29,500 cars were built in total. The Daewoo Magnus, also known as Chevrolet Epica or Evanda in global markets, was nicknamed the Formosa 1. The Daewoo Matiz, also known as Chevrolet Matiz or Spark in global markets, was nicknamed the Formosa 2.
