Hon Hai Precision Industry Co (鴻海精密) yesterday debuted three electric vehicle (EV) prototypes to great fanfare at its Tech Day event at the Taipei Nangang Exhibition Center.
The prototypes of sports utility vehicle Model C, luxury sedan Model E and electric bus Model T were developed by Foxtron Vehicles Technologies Co (鴻華先進), a joint venture between Hon Hai and Yulon Motor Co (裕隆汽車).
The Model C and Model E are to be initially sold under the Yulon-affiliated Luxgen Motor Co (納智捷汽車) and China Motor Corp (中華汽車) brands when they hit the market, Hon Hai chairman Young Liu (劉揚偉) said.
The company expects
Taipei, Oct. 18 (CNA) Taiwan-based manufacturing giant Hon Hai Precision Industry Co., which unveiled three electric vehicles (EV) on Monday, expects the EV business to generate NT$1 trillion (US$36 billion) in sales for the group in five years.
Taipei, Oct. 18 (CNA) Hon Hai Technology Group (Foxconn) unveiled three new electric vehicle models at the Taipei World Trade Center Nangang Exhibition Hall on Monday, marking their global debut.
Taiwan’s machine tool exports are expected to get a “transformational boost” should Taiwan join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Taiwan Machine Tool and Accessory Builders’ Association said yesterday.
Speaking at the release of the association’s first white paper, Goodway Machine Corp (程泰機械) chairman Edward Yang (楊德華), the association’s founding chairman, said that Taiwan’s machine tool industry is experiencing a year of robust orders, but it also faces headwinds.
“We have faced the unfortunate triple effect of high commodity prices, soaring shipping rates and a strengthening New Taiwan dollar, but orders are heating up,” Yang said.
“It
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