Tesla Motors Inc yesterday opened its first showroom in Taipei, making Taiwan its sixth market in the Asia-Pacific region.
The US company said it plans to establish a service center and increase the number of charging stations in Taiwan in the near future.
“I see a huge opportunity in Taiwan’s market,” Tesla global vice president Robin Ren (任宇翔) told a news conference, citing the government’s support for electric car development and a growing demand by customers for fuel-efficient and environmentally friendly driving.
Photo: Yang Ya-min, Taipei Times
Customers can pre-order Model S cars on Tesla’s Taiwan Web site, with the first delivery expected in the first quarter of next year, the company said.
Model S, which can go from zero to 100kph in 2.7 seconds, has a starting price of NT$3.06 million (US$96,420), it said.
Tesla’s factory in California can produce 2,000 vehicles per week, Ren said, adding that capacity will be increased following the delivery of Model S cars in Taiwan.
The company hopes to install more charging stations at Shin Kong Mitsukoshi Department Store (新光三越百貨) branches, in addition to the 400 charging stations already in Taiwan, Tesla’s Taiwan and Hong Kong director Isabel Fan (范菁怡) said.
The company also plans to build charging stations near schools and on highways to offer drivers a better charging network, Fan said, without giving a clear schedule for the expansion.
Tesla’s presence in Taiwan is likely to benefit the local manufacturers in its supply chain, including electric-vehicle harness maker BizLink Holding Inc (貿聯), automative gear maker Hota Industrial Manufacturing Co (和大工業) and power system management supplier Delta Electronics Inc (台達電).
BizLink, which is optimistic about its sales outlook for the second half of this year on the back of shipments of Model S, yesterday saw its shares fall NT$1.5 to close at NT$184.5 in Taipei trading, Taiwan Stock Exchange data showed.
Taichung reported the steepest fall in completed home prices among the six special municipalities in the first quarter of this year, data compiled by Taiwan Realty Co (台灣房屋) showed yesterday. From January through last month, the average transaction price for completed homes in Taichung fell 8 percent from a year earlier to NT$299,000 (US$9,483) per ping (3.3m²), said Taiwan Realty, which compiled the data based on the government’s price registration platform. The decline could be attributed to many home buyers choosing relatively affordable used homes to live in themselves, instead of newly built homes in the city’s prime property market, Taiwan Realty
The government yesterday approved applications by Alphabet Inc’s Google to invest NT$27.08 billion (US$859.98 million) in Taiwan, the Ministry of Economic Affairs said in a statement. The Department of Investment Review approved two investments proposed by Google, with much of the funds to be used for data processing and electronic information supply services, as well as inventory procurement businesses in the semiconductor field, the ministry said. It marks the second consecutive year that Google has applied to increase its investment in Taiwan. Google plans to infuse NT$25.34 billion into Charter Investments Ltd (特許投資顧問) through its Singapore-based subsidiary Fructan Holdings Singapore Pte Ltd, and
JET JUICE: The war on Iran’s secondary effects have seen fuel prices skyrocket, knocking flight schedules down to earth in return as airlines struggle with costs Airline passengers should brace for more irritation in the next few months as carriers worldwide cancel flights and ground planes to cope with stratospheric increases in jet-fuel prices. Dutch flag carrier KLM is the latest company to cut its schedule, saying on Thursday that it would scrap 80 return flights at Amsterdam’s Schiphol Airport in the coming month. That puts it in the same league as United Airlines Holdings Inc, Deutsche Lufthansa AG and Cathay Pacific Airways Ltd, which have all pruned itineraries to mitigate costs. Global capacity for next month has been reduced by about 3 percentage points, with all
The US said it plans to help build a first-of-its-kind industrial hub in the Philippines to boost production of inputs crucial to US supply chains. The 4,000-acre hub is intended to be “a purpose-built platform for allied manufacturing” and “an investment acceleration hub where the specific industrial activities are shaped by market demand,” the US Department of State said on Thursday. The project — touted as an “economic security zone” — would be within the Luzon Economic Corridor, a flagship economic project backed by the US and Japan on the main Philippine island. The project was also described as “the first artificial intelligence