Taiwan hopes to increase EV production from 3,000 a year by 2012 to more than 1.2 million annually by 2030 and the government has kicked off a national plan to help reach the goal. The EV plan calls for an investment of about $310 million over the next seven years, which we think is billions short of what's needed to accomplish the task at hand, but we digress. The government claims that its support will drive production up to 60,000 EVs a year by 2013 before slowly climbing to that million-plus mark.
The Ministry of Economic Affairs, creators of the plan for electric domination, suggests that Taiwan has a competitive advantage that will help the province meet its goals. The Ministry didn't reveal what this advantage is, but we can guess it may have something to do with China, which still holds provincial rights over Taiwan. If China supports the Ministry's plan, then the goal of 1.2 million might be doable.
[Source: Green Car Advisor]