Government support inspires the autonomous vehicle industry in Taiwan
It’s no secret that Silicon Valley has proven formidable in driving innovation in the U.S. tech industry and is the envy of many a nation which try to imitate its success. Taiwan can now be added to that list as they endeavour to emulate the Silicon Valley spirit and establish itself as a hub of innovation in Asia.
To achieve this lofty goal set by the incumbent President Tsai Ing-wen, the Asian Silicon Valley Development Plan (ASVDP) was drawn-up. This is a national level plan that aims to develop a new economic structure for Taiwan through harnessing the power of innovation.