taiwan-announces-four-year-extension-to-electric-two-wheel-vehicle-subsidy

Taiwan Announces Four Year Extension to Electric Two-wheel Vehicle Subsidy

 

Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced its support for the Taiwan government’s decision to extend its electric two-wheel vehicle subsidy program for four additional years.

“With the Taiwan government’s continued commitment to the transformation of two-wheel transportation to electric, Gogoro is committed to increasing its investment in new EV and battery swapping technologies and expanding its retail and battery swapping network coverage to provide a path to net zero emissions in Taiwan,” said Horace Luke, founder, and CEO of Gogoro. “With more locations in Taiwan cities than gas stations, and adoption from leading vehicle partners like Yamaha, Suzuki Taiwan, A-Motor and others, Gogoro’s open battery swapping ecosystem has demonstrated its interoperability and ease of use for riders providing a clear path for the transformation from gas to electric in Taiwan.”

The subsidy extension was announced by the Minister of Economic Affairs, Mei Hua Wang, and follows the announcement on December 9th that the government had approved a new phase of its “Electric Scooter Industry Environmental Value-Added Subsidy Program”, which will invest $191.5 million in funds from 2023 to 2026 to promote three major projects:

  • Continuation of subsidies for the purchase of electric scooters
  • Installation of battery charging and swapping facilities
  • Transformation of traditional scooter shops
Gogoro Network Battery Swapping

With more locations than gas stations in Taiwan’s cities, the Gogoro Network is a new generation of swappable battery refueling that is smart, safe and continually optimizing itself to be dynamic and versatile for riders, business, and communities. The Gogoro Network supports more than 520,000 riders, has more than 1.1 million smart batteries in circulation through its network of 11,000 battery swapping GoStations at over 2,260 locations. With more than 370,000 daily battery swaps and more than 360 million total battery swaps to date, Gogoro Network battery swapping has saved more than 250,000 tons of CO2 since it launched.

liquid-group-to-power-upi-qr-acceptance-in-10-asian-markets

Liquid Group to Power UPI QR Acceptance in 10 Asian Markets

 

NPCI International Payments Ltd (NIPL), the international arm of National Payment Corporation of India, has partnered with Liquid Group Pte. Ltd. (Liquid Group), a leading cross border digital payments provider, to enable UPI QR-based payments acceptance in 10 markets across North Asia and Southeast Asia.

Unified Payments Interface (UPI) is an instant real-time payment (RTP) system, allowing users to transfer money on a real-time basis, across multiple bank accounts without revealing details of one’s bank account to the other party. UPI is amongst the most successful RTP systems globally, providing  simplicity, safety, and security in person to person (P2P) and person to merchant (P2M) transactions. In 2020, UPI enabled commerce worth USD 457 billion, which is equivalent to approximately 15% of India’s GDP.

Liquid Group, headquartered in Singapore, operates a QR payment acceptance network that enables the cross-border acceptance of payment schemes and digital payment apps.  Liquid Group integrates an extensive network of merchant acquiring partners in the 10 markets of SingaporeMalaysiaThailandPhilippinesVietnamCambodiaHong KongTaiwanSouth Korea, and Japan.  By collectively providing harmonised operating rules, streamlined user experience as well as common compliance standards, Liquid Group and its network of merchant acquiring partners are well placed to support the internationalisation of UPI Payments.

The collaboration between NIPL and Liquid Group will enable BHIM App users to make UPI QR-based payments at over 2 million merchants progressively across North Asia and Southeast Asia from early 2022.

Jeremy Tan, Founder and CEO of Liquid Group, commented, “We are excited by this partnership with NIPL. In anticipation of the resumption of cross-border travel soon, we have been working with our merchant acquiring partners to prepare for the acceptance of contactless QR payments from overseas. UPI has made exponential growth in India and we look forward to supporting its rapid expansion across the region.”

Mr. Ritesh Shukla, CEO of  NIPL, said, “This strategic partnership with Liquid Group is a formidable step towards achieving our vision of taking our robust and popular payments solutions to global markets. We are confident that our proven product capabilities, combined with the vast merchant network of Liquid Group, will enable UPI QR-based payment acceptance and scale-up in Asian markets.”

taiwan-holds-2021-world-system-integration-conference,-focusing-on-ai-and-iot-to-lead-smart-city-progression

Taiwan holds 2021 World System Integration Conference, focusing on AI and IoT to Lead Smart City Progression

 

The 3rd annual World System Integration Conference in 2021 was held online and it was the first time the forum was held virtual (offline and online). The conference discussed smart city development trends and brought about system integration international cooperation business opportunities.

Industrial Development Bureau Deputy Director General Pei-Li Chen at the address mentioned that system integration has become an important industrial development trend in recent years. Industrial Development Bureau is promoting Smart City and Town 2.0 Project, linking international partnership as the goal.

SIPA “Online Exhibition” Initiation

Responding to post-Covid era, in order to demonstrate Taiwan’s diversified system integration smart solutions, Industrial Development Bureau, Ministry of Economic Affairs works with Taiwan’s Osense Technology Co., LTD O’EXPO online exhibition solution’s “SIPA Online Exhibition Center” to bring System Integration Promotion Alliance Project Office online. The office provides system integration and offline-virtual integration’s new type of service, virtualizing offline business discussion processes. At the same time incorporating AI analysis techniques to see user behavior, leading client business discussions, optimizing exhibition results and increasing resolution efficiency.

2021 System Integration Outbound Award

The award-winning FETC International CO., LTD. Implemented RFID Multi Lane Free Flow in India’s NH-44 highway (From Delhi to Chandigarh) project scope includes design, construction, operation and maintenance. Potential markets include all highways in India, state highway and other ETC-derived smart city solutions had successfully been duplicated in Thailand.

Glory Technology Service Inc.’s “Manila Metro 3rd Line Renovation and Maintenance Project” is an example where Glory Technology Service Inc. utilized domestic metro and HSR’s data transmission system integration experience to demonstrate Taiwan’s strength of successfully sending outbound supply chain system. Aside from Thailand and Philippines, this year they also got India’s metro system’s project, successfully entering the Indian market.

Asus Cloud’s “AI Cloud System Solution” provides cloud AI solutions. It works with Temasek Holdings Private Limited’s Certis Group to assist the establishment of Certis Centre for Applied Intelligence (CCAI), research and develop technological compliance and surveillance and AI applications which turning these into business opportunities. Through continuous updating and optimizing AI pipeline automation process to reach low-latency, independence, compliant, simplified data and security. In the future, this successful model will be duplicated to all clients over the world.

AAEON Technology Inc., with integrated diversified sensory equipment and identification techniquesprovides road condition detection services, “AI Road Detection System”, IOB products and solution through cooperation with international partners from United States and England. By integrating environmental monitoring devices, identification and wireless transmission technology, data such as air quality, temperature, humidity, snow level detection, amount and kinds of vehicles, and personnel will be sent to a control center platform, effectively monitoring environmental quality. This project was based on England’s Slough, a system integration solution which is suitable for cities with a wide application scope.

International Cooperation Creating New Game

Through SIPA’s introduction 5 MOU were signed. Airtree Inc., focuses on aeroponics technology, including agricultural construction, big data, cloud computing, integrating smart aeroponics cloud solution, signed the MOU of smart agriculture cooperation with America’s FiO, which specializes in blockchain technology. Airtree Inc. also signed smart cloud farm cooperation with a Singaporean company, Ochlos. Ochlos will find test sites for Airtree’s aeroponics cloud technology for plantation processes.

Chunghwa Telecom and Philippine’s Sung Yuen Construction Corporation cooperated to help implement smart infrastructure in the industrial park, including smart monitoring, smart streetlight, transportation management, industrial park management center…etc. Chunghwa Telecom is continuously duplicating this success story to other new southbound countries, helping local industrial parks with smart vertical integration.

Glory Technology Service Inc. signed a metro operation cooperation project with Thailand’s CWTel, working to improve Thailand’s metro reliability. If the cooperation goes well, Glory Technology Service Inc. will continue this partnership for future bid projects on Thailand’s orange line project.

C-Link Technology Inc. signed an “AI Smart Transportation Investigation Analysis System” joint project with NIPPON SYSTEMWARE CO.,LTD. This system will be able to put forward preventive smart transportation analysis, resolving traffic congestion and safety issues. This time both parties decided to use AI imagery analysis to combine monitor and drones for road traffic analysis application.

WSIC is the platform to continuously bring out Taiwan’s smart technology system integration to the world. We work towards “shaping Taiwan to be a reliable system integration brand to the world”, also “system integration outbound impression”, establishing Taiwan to be a “global system integration solution provider” to the world.