PR-2153
October 29, 2021
AIT and TAITRA Co-host the Taiwan Session of the 2021 Indo-Pacific Business Forum:
“Building a Resilient Supply Chain to Power Electric Vehicles for the Future”
This morning, AIT co-hosted with TAITRA a session of the Indo-Pacific Business Forum (IPBF) entitled “Building a Resilient Supply Chain to Power Electric Vehicles for the Future.” During the session, representatives of Taiwan’s public and private sectors discussed how Taiwan utilizes its experiences and expertise in information and communication technology (ICT) products to develop a holistic electric vehicle supply chain. The event also highlighted Taiwan’s central role in creating reliable global supply chains for critical goods and services. AIT Director Sandra Oudkirk delivered opening remarks for the event. TAITRA President James Huang, representatives from Taiwan’s Industrial Technology Research Institute and Tangeng Advanced Vehicles, and AIT Deputy Economic Chief Arati Shroff participated in a panel discussion.
In her opening remarks, AIT Director Sandra Oudkirk highlighted, “Taiwan is at the center of regional high-technology supply chains, and the United States considers Taiwan a key partner in building trusted global supply chains for critical technologies, medical equipment, and semiconductors.…Taiwan companies’ experience and credibility in producing high-tech components will be an asset for the electric vehicle supply chain in the Indo-Pacific.”
This was the second Taiwan-hosted session since the creation of the IPBF in 2018. Over the past three years, IPBF has become the leading event to promote trade, investment, and economic cooperation between the United States and its partners throughout the Indo-Pacific. Discussions at this year’s Forum’s highlighted opportunities for U.S. companies and their Indo-Pacific partners to play a leading role in shaping the region’s economic development. This includes major U.S.-led Indo-Pacific Strategy initiatives related to economic recovery and resilience, climate action, and digital innovation.