To accelerate the realization of new energy applications and promote Taiwan’s new energy transformation, five major domestic industry associations —Taiwan Advanced Automotive Technology Development Association (TADA), Taiwan IoT Technology and Industry Association (TwIoTA), Taiwan Hydrogen and Fuel Cell Partnership, Taiwan Battery Association (TBA), and Taiwan Green Energy Association (TGEA)—signed a memorandum of understanding (MOU) for collaboration on November 22. The signing ceremony, held in the presence of Stan Shih, founder of Acer and honorary chairman of the Major League IoT of the ASVDP (Asia Silicon Valley Development Plan), witnessed industry leaders expressing their aspirations for collaborative efforts.

Stan Shih: Transforming Taiwan into an energy exporter

Stan Shih hopes that Taiwan can gradually transform from an energy importer to an exporter through innovative cross-industry collaboration. Emphasizing the crucial role of innovation and technology, Shih sees them as pivotal in achieving Taiwan’s 2050 net-zero carbon emissions goal. He anticipates businesses to inject their core capabilities into the collaborative effort, guiding Taiwan to become a significant energy exporting country.

James Chen: Crafting Taiwan’s next trillion-dollar industry

James Chen, executive director of TADA, believes that through cross-industry collaboration and harnessing the diverse strengths of Taiwan’s information and communication technology sector, they can collectively drive the development of the new energy industry. Chen noted that whether in the electric vehicle or in the autonomous vehicle sector, the goal is to integrate industrial forces to promote new market development, aiming to create the next trillion-dollar industry for Taiwan.

Alex Wang: Fresh business opportunities in new energy vehicles

Alex Wang, chairman of TwIoTA, highlights the association’s multifaceted role across components, hardware, software, and terminal markets. He envisions collaborative efforts towards hydrogen energy development and acknowledges the emerging market opportunities resulting from the deep integration of the automotive, energy, information, and transportation sectors.

Mike Yang: Forging new energy applications as a national treasure

Mike Yang, chairman of TBA, identifies new energy applications as a potential strategic industry. Recognizing the need for Taiwan’s focus on related industries and cross-disciplinary collaborations, Yang aims to capitalize on Taiwan’s strengths in electrochemistry, electromechanics, and smart technologies for increased competitiveness in the field. He stressed that Taiwan’s robust semiconductor and ICT industries can be combined to develop applications for electric vehicles and energy storage systems, making them more competitive in the market.

Angus Lee: Integrating key components for industry solidification

Angus Lee, chairman of TGEA, applauds the integration of key components as a means to solidify Taiwan’s position in the new energy industry. Emphasizing the importance of horizontal integration, Lee hopes for collaboration across different sectors to enhance control over the supply of crucial components and encourage private sector forces to engage in more integration efforts.