Taiwan Looks to American EV Market, Hosts "Speed Dating for Innovators"

Tuesday, August 17, 2010

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TAIFE Long Beach June 2010The tiny island nation of Taiwan recently made some behemoth investments in bringing electric vehicle (EV) technology to a lucrative US market, hosting networking and tech expo events in Detroit and Los Angeles. The Ministry of Economic Affairs (MOEA) organized Taiwan Automotive International Forum and Exhibitions (TAIFE) with more than 700 attendees from American and Taiwanese companies in June.

In a multi-pronged approach to support its own leading energy storage and automotive tech industry, MOEA invited high-level government and NGO officials to meet with American companies in a more intimate Los Angeles area event.

“Speed dating for innovators”

From emerging companies like US Hybrid, to established giants in their industries, like Freightliner, American companies and Taiwan’s leading battery and electronics companies, sat down for one-on-one meetings that one attendee called “speed dating for innovators.” More than 50 meetings took place in the Los Angeles event.

Among the “daters,” ISE found the meetings highly useful. ISE, a developer, manufacturer, and distributor of heavy-duty, battery-dominant hybrid drive systems; energy storage systems; and hybrid system components, was represented by its Chief Scientific Officer, Paul Scott. He said the gathering was an opportunity to “formulate three new relationships [with Taiwanese firms] I would not have been able to do otherwise.”

Ramping up public-private partnerships
CY Wang, Chair of the Chinese International Economic Cooperation Association, and Vice Chair of the ROC-USA Business Council, was also bullish on potential cooperation between American and Taiwanese innovators. Mr Wang, former Chairman of China Steel Corporation, said Taiwan’s government and industry wants to invest in EVs to combat climate change and reduce carbon dioxide (CO2) emissions.  He reiterated Taiwan’s commitment to EV markets in both countries due to the emerging market’s tremendous economic potential. Mr Wang believes that Taiwan’s global contributions in semi-conductors and other electronics will lend itself to developing safer equipment within vehicles as well.

Watch an interview with Mr Wang, and see other videos of the TAIFE event in Long Beach.


For more information about ITRI and TAIFE, contact Sean Wang at seanwang@itri.com