KAIST (Korea Advanced Institute of Science and Technology) has signed a tripartite agreement with Formosa Smart Energy Tech Corporation and Ming Chi University (MCUT). This collaboration aims to support the construction of lithium battery and electric commercial vehicle production lines, as well as to facilitate the development testing of all-solid-state battery manufacturing.

KAIST was established by the Korean government in 1971 as the nation's first public, research-oriented science and engineering institution. KAIST is considered to be one of the most prestigious universities in the nation.KAIST and Seoul National University, Korea University, Yonsei University and Sungkyunkwan University are often among the top five in various Korean university rankings.

The scope of this collaboration prioritizes technologies required for contemporary energy industries, including new battery energy technologies, electric vehicle technologies, and power management technologies. Through this tripartite effort, the aim is to collectively usher in a new era for Taiwan's green and intelligent energy industry.