Taipei, Aug. 8 (CNA) A delegation led by Lithuanian Deputy Transportation Minister Agne Vaiciukevičiūtė, which arrived in Taiwan Sunday, will visit a major electric bus developer in central Taiwan later this week for potential cooperation in the field of E-bus development, according to an industrial source close to the matter.
Lithuanian Deputy Minister of Transport and Communications Agne Vaiciukeviciute yesterday met with Ministry of Transportation and Communications officials to discuss the possibility of launching direct flights between the two countries, as well as other transport-related issues.
Vaiciukeviciute and a delegation of government officials and electric vehicle industry representatives arrived in Taipei on Sunday for a five-day visit.
Yesterday morning, she attended a meeting with Deputy Minister of Transportation and Communications Chi Wen-chung (祁文中) that Representative to Lithuania Eric Huang (黃鈞耀) also joined.
The Lithuanian delegation spoke with transport ministry officials about the possibility of launching direct passenger and cargo flights between
CLOSER TOGETHER: The delegation spoke with local officials about the chances of launching direct cargo and passenger flights between the two countriesBy Shelley Shan / Staff reporter
RAC Electric Vehicles Inc (華德動能科技) has secured a NT$1.5 billion (US$50.2 million) syndicated loan to fund its capacity expansion after receiving significant orders from customers, the electric bus manufacturer said yesterday.
Hua Nan Commercial Bank (華南銀行) acted as the lead arranger of the syndicated loan, with 15 other banks participating, RAC said in a statement.
The lenders have oversubscribed to the loan by more than 100 percent, it said.
RAC has won bids to supply 169 new electric buses to the nation’s major bus operators, including Capital Bus Co (首都客運), Danan Bus Co (大南客運) and Geya Bus Transport Co (巨業交通), through a