Formosa Plastics founder Wang Yung-ching failed at building a car business, but his failure laid the groundwork for the country’s successful Tesla supply chain. What are Taiwan’s advantages in the electric vehicle age? The global automotive industry is experiencing a paradigm shift, sending Tesla’s stock price soaring and big Taiwanese manufacturers scrambling to expand their…

Taiwan brings several important advantages to this relatively new field.   In the traditional Linear Economy, raw materials are made into products using a “take, make, and dispose” approach – with any waste material thrown away after use. By contrast, the Circular Economy as defined by the Ellen MacArthur Foundation, is restorative and regenerative by…