Read Rob White’s original article at Automotive Industries.
“Taiwan is positioning itself as a leading supplier of components for electric vehicles (EVs). It is estimated Taiwan’s production of auto electronics for EVs was worth US$3-billion in 2010, and is likely to increase three-fold in the next five years. Estimates from the Rocky Mountain Institute (a US-based research group) last year predict approximately 1 million EVs on US roads by 2015. And this is likely to go up by five times by 2020.”
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