Incentives Aim To Create Electric Car Hub

Taiwan is aiming to become one of the world's top five electric vehicle (EV) producers and the government has allocated over TWD8bn (US$253.6mn) to achieve this goal. In line with BMI's view that there will be growing interest in the alternative fuel segment from governments and carmakers alike, Taiwan will offer subsidies to EV manufacturers, support research and development (R&D) and set up recharging

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