Tuesday, July 19, 2011

Philippines, Taiwan Seal Partnership for Electric Vehicle Development

               http://www.flickr.com/photos/lrargerich/3203435803


Here's an excerpt from Philippine Information Agency on the sealing of partnership between the Philippines and Taiwan on electric vehicle development.


"The Manila Economic and Cultural Office (MECO) and the Taiwan Economic Council signed a letter of intent for the Electric Vehicle (EV) Development during the 17th Philippine-Taiwan Joint Economic Conference (JEC).
TECO and MECO expressed their desire to work closely in the facilitation of electric vehicle development in Taiwan and the Philippines.


Taiwan is an emerging global EV leader. Its Industrial Technology Research Institute (ITRI) is in the forefront of developing EV technology. Last year, the Taiwanese government announced a seven-year scheme for developing its EV industry, earmarking around $309.2 million in investments for the program." (click here for the whole article)


With this trend, we are assured that we won't be left behind when it comes to green technology and renewable energy development. Let's just hope that we will learn a lot from this kind of things and use the knowledge to improve our current technology which is lagging behind in comparison with our Asian neighbors.

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