Thu, Oct 10, 2013 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with agencies

AUTOMOBILES

BYD cars to debut in Q1

Electric cars developed by China-based BYD Co (比亞迪) will make their debut in Taiwan early next year, the vehicle’s local distributor announced yesterday. BYD Taiwan, a joint venture of BYD Hong Kong and Taiwan Solar Energy Co (元晶太陽能), said it had received orders from a local taxi association for more than 1,500 BYD e6 cars, with delivery scheduled to begin in the first quarter of next year. The company said it has commissioned a local automaker to assemble the first BYD e6 vehicles to be sold in the nation to speed up regulatory inspections and approvals. The BYD e6 is an all-electric crossover car that the carmaker says has a nominal range of 300km on a single charge (in an eTaxi duty-cycle), though the range may fall short of that under actual driving conditions.

AVIATION

AIDC, GE extend contract

Aerospace Industrial Development Corp (AIDC, 漢翔航空), the nation’s biggest aircraft maker, yesterday said it recently signed a contract with General Electric Co (GE), including orders worth up to NT$9.5 billion (US$323.18 million) for aircraft engine parts. The contract, valid from 2015 through 2018, extends AIDC and GE’s long-term cooperation that began in 1997 and will also help bring in business opportunities for local electronics supply chains, the corporation said in a statement posted on its Web site.

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