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Foxtron marks milestone with record n7 EV model pre-orders
Foxtron, a joint venture of Yulon Motor’s Luxgen Motor, has received over 9,100 pre-orders for its n7 electric vehicle (EV), making a significant impact on Taiwan’s domestic EV industry. Deliveries of the highly anticipated n7 model are set to begin in mid-January next year and be completed by the end of June. The n7’s pre-order numbers, achieved in just two days, equal three years of total EV sales in Taiwan, signaling a bright future for the EV market. Foxconn CEO Young Liu, leading the electric transformation of the trillion-dollar corporation, sees the increasing global competition in the EV sector as beneficial for Foxconn and its business models. Platformization, modularization, and standardization are key strategies for achieving cost control and timely product launches, which are at the core of Foxconn and Foxtron. The n7 model, benefiting from the shared platform provided by Foxtron, enjoys a competitive edge in cost, aligning with Foxconn’s global EV aspirations. The success of Foxtron’s n7 could potentially usher in a new era for Taiwan’s presence in the international EV landscape as the demand for sustainable transport continues to grow.2023/11/22 20:38