vehicle demand Taiwan 結果共3筆

Explore the soaring heights of Taiwan’s automotive market in 2023. From electric vehicle demand to the impact of the global chip shortage, discover the key drivers behind the near 18-year sales high and the evolving landscape of car brands in Taiwan.

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.

Taiwan is making strides toward achieving net-zero emissions by 2050, including the ban on fuel-powered cars by 2040. As a result, the electric vehicle market is growing rapidly, and there is an increasing demand for more charging stations to support this trend.