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Business

Taiwan weighs going fully electric, starting with motorbikes

Green two-wheelers seen as business opportunity as well as environmental boost

Gogoro, an electric motorbike startup, operates stations where riders can swap out depleted batteries for fresh ones.

TAIPEI -- Taiwan is considering switching fully from gasoline to electric vehicles, with motorbikes set to make the leap by 2030 and automobiles to follow.

Minister of Economic Affairs Shen Jong-chin told reporters at the Legislative Yuan, Taiwan's parliament, this week that the government had begun considering the change. France and the U.K. have already vowed to ban sales of gasoline and diesel cars from 2040, and mainland China intends to follow suit. Shen added that Taipei would discuss relevant business opportunities and building supply chains, emphasizing that the move will not just be an environmental measure, but an opportunity to cultivate an industry.

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