Hsinchu City is planning to launch Taiwan’s first test program for driverless logistics vehicles, the Ministry of Economic Affairs said yesterday at an event to announce a collaboration among the ministry, the Industrial Technology Research Institute (ITRI, 工研院) and HCT Logistics Co (新竹物流).
The test program is to use 5-tonne trucks and travel 1.9km in some of the busiest traffic in Hsinchu City, the ministry said.
Driverless vehicle technology developed in other countries is not suitable for the circumstances and lane divisions found on local roads, such as the numbers of scooters and their allocations at stop lights, ITRI president Edwin Liu (劉文雄) said, adding that ITRI is filling the need for local development of the technology.
Photo: Hung Mei-hsiu, Taipei Times
“ITRI’s self-driving technology is specially designed for the traffic conditions of Taiwan and Asia. We have already overcome the challenges of mixed car and scooter traffic and the long rainy season,” Liu said.
This particular project is the first driverless pilot program to utilize vehicles for warehouse logistics, and the first to explore the burgeoning logistics market.
“HCT moves more than 450,000 parcels in the Greater Hsinchu area every month,” company president Pablo Lee (李正義) said yesterday. “After we successfully introduce self-driving technology, our first goal is to reduce traffic at our logistic center by 20 percent.”
The company also expects that the development of the program would help solve driver shortage problems and reduce driver workload, Lee said.
The ministry said that all self-driving vehicles are still in the testing phase, with full commercialization “still in the future.”
The testing of self-driving vehicles on public roads among regular traffic was made possible when the Unmanned Vehicles Technologies Innovative Experimentation Act (無人載具科技創新實驗條例) was passed in 2018. Before that, there was no legal framework to test driverless vehicles in open traffic.
Although there are vehicles in Taiwan with some degree of self-driving capability, drivers are only allowed to deploy the technology for assistance.
The US dollar was trading at NT$29.7 at 10am today on the Taipei Foreign Exchange, as the New Taiwan dollar gained NT$1.364 from the previous close last week. The NT dollar continued to rise today, after surging 3.07 percent on Friday. After opening at NT$30.91, the NT dollar gained more than NT$1 in just 15 minutes, briefly passing the NT$30 mark. Before the US Department of the Treasury's semi-annual currency report came out, expectations that the NT dollar would keep rising were already building. The NT dollar on Friday closed at NT$31.064, up by NT$0.953 — a 3.07 percent single-day gain. Today,
‘SHORT TERM’: The local currency would likely remain strong in the near term, driven by anticipated US trade pressure, capital inflows and expectations of a US Fed rate cut The US dollar is expected to fall below NT$30 in the near term, as traders anticipate increased pressure from Washington for Taiwan to allow the New Taiwan dollar to appreciate, Cathay United Bank (國泰世華銀行) chief economist Lin Chi-chao (林啟超) said. Following a sharp drop in the greenback against the NT dollar on Friday, Lin told the Central News Agency that the local currency is likely to remain strong in the short term, driven in part by market psychology surrounding anticipated US policy pressure. On Friday, the US dollar fell NT$0.953, or 3.07 percent, closing at NT$31.064 — its lowest level since Jan.
The New Taiwan dollar and Taiwanese stocks surged on signs that trade tensions between the world’s top two economies might start easing and as US tech earnings boosted the outlook of the nation’s semiconductor exports. The NT dollar strengthened as much as 3.8 percent versus the US dollar to 30.815, the biggest intraday gain since January 2011, closing at NT$31.064. The benchmark TAIEX jumped 2.73 percent to outperform the region’s equity gauges. Outlook for global trade improved after China said it is assessing possible trade talks with the US, providing a boost for the nation’s currency and shares. As the NT dollar
The Financial Supervisory Commission (FSC) yesterday met with some of the nation’s largest insurance companies as a skyrocketing New Taiwan dollar piles pressure on their hundreds of billions of dollars in US bond investments. The commission has asked some life insurance firms, among the biggest Asian holders of US debt, to discuss how the rapidly strengthening NT dollar has impacted their operations, people familiar with the matter said. The meeting took place as the NT dollar jumped as much as 5 percent yesterday, its biggest intraday gain in more than three decades. The local currency surged as exporters rushed to