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Taiwan walks back EV agenda, will compliment with biofuels

The U.S. is not the only country contemplating the role of biofuels as governments advance electric vehicle agendas. 

U.S. Grains Council director of global ethanol export development Mackenzie Boubin says like the U.S., Taiwan has taken a very aggressive approach to electrifying its vehicle fleet.

“They want to do 100 percent EV’s, that is going to be their pathway to hitting net zero by 2050. (But) they actually within the last year have walked that back, they’re like ‘it’s not feasible.”

Speaking to Brownfield at the ACE Ethanol Conference in Minneapolis Friday, she said Taiwan is turning to low-carbon biofuels as a compliment to EV’s.

“So it’s an all-of-the-above strategy for Taiwan, and (USGC) is really telling that story to other international players.”

Boubin says there are countries in Latin America and Southeast Asia much further away from EV adoption looking to biofuels to help meet climate goals and combat inflation.