Taiwan to put NT$30 billion into development of electric bus fleet
Oct 08, 2019MarketComments Off on Taiwan to put NT$30 billion into development of electric bus fleet
Taipei-The government plans to invest NT$30 billion (US$972 million) to support the development of Taiwan's electric bus industry to help meet the goal of an all-electric bus fleet by 2030, a transportation official said Tuesday at an industry forum.
Huang Yu-lin (???), deputy head of the Ministry of Transportation and Communications (MOTC), said the agency wants all buses in Taiwan to go electric by 2030, and it will invest NT$30 billion in support of that goal, without elaborating on how the funds will be channeled.
The government is hoping that international companies will partner with enterprises in Taiwan to overcome technical obstacles to the development of the market for electric vehicles, such as extending battery lifespans, according to Huang.
Huang spoke about the policy at the 2019 International New Energy Vehicle Forum organized by the European Chamber of Commerce Taiwan, the MOTC, the Industrial Development Bureau (IDB), the Environmental Protection Administration (EPA) and the European Economic and Trade Office (EETO).
IDB Secretary General Chen Pei-li (???) said at the forum that developing intelligent transportation is one of the government's major policies, and that in addition to promoting e-bus development, it is also pushing electric scooters and motorcycles.
In the future, the Ministry of Economic Affairs (MOEA) will continue to help automotive and spare parts makers collaborate with companies in the telecommunications, electronics manufacturing and mobile services sectors to create more innovative business models, Chen said.
The MOEA will also help automotive and spare part manufacturers transform and upgrade their operations to be more automated, Chen said.