Vehicle and motorcycle maker Sanyang Motor Co (三陽工業) plans to build a battery plant in Tainan for NT$1 billion (US$32.12 million), the Chinese-language Liberty Times (sister newspaper of the Taipei Times) reported on Tuesday, quoting company chairman Wu Chin-yuan (吳清源).
The battery plant would be in a green energy park in the Shalun area (沙崙) in Tainan’s Gueiren District (歸仁), Wu told the Liberty Times, adding that construction is expected to be completed in the first quarter of next year.
Sanyang aims to produce batteries for vehicles at the plant, Wu said.
The company also plans to make batteries used in energy storage devices for base stations, he told the newspaper.
The company yesterday confirmed the plan, but declined to elaborate.
APh ePower Co (亞福儲能), in which Sanyang invests, has collaborated with the Industrial Technology Research Institute (工研院) to make aluminum-ion batteries for electric vehicles, an official at the institute told the Taipei Times by telephone.
The official, who asked to remain anonymous, declined to give a time frame for the release of the aluminum-ion batteries.
Sanyang also plans to release two new electric scooters in the first quarter of next year, Wu told the Liberty Times.
“Our two new light electric scooters, which are expected to enter the market in the first quarter of next year, will be equipped with 1.34 to 5 horsepower engines,” Wu said.
Their price tags would be lower than many of their peers on the market and they would be “affordable” by most people, as the company aims to increase its market share, he added.
Wu told the newspaper that the company is also developing a large electric motorcycle, with an engine of 5 to 40 horsepower, but its launch schedule depends on its battery collaborator, CPC Corp, Taiwan (台灣中油).
Approached by the Taipei Times, Sanyang yesterday said that the three new scooters are still under development, without elaborating.
The company plans to use its in-house batteries to power the new electric scooters, it said.
Sanyang’s cumulative revenue in the first five months of this year increased 3.67 percent to NT$13.76 billion from NT$13.27 billion a year earlier.
The company attributed the increase to the launch of two new gasoline-powered scooters, the FNX 125 ABS and the Jet 125 ABS, in April.
As for four-wheelers, the company said it plans to release new models of its Porter truck this month.
It would also launch a new model of the Santa Fe luxury recreational vehicle and a new electric vehicle in the second half, it added.
Sanyang shares yesterday rose 0.22 percent to close at NT$22.8 in Taipei trading.
They have risen 14 percent this year.
CHIP RACE: Three years of overbroad export controls drove foreign competitors to pursue their own AI chips, and ‘cost US taxpayers billions of dollars,’ Nvidia said China has figured out the US strategy for allowing it to buy Nvidia Corp’s H200s and is rejecting the artificial intelligence (AI) chip in favor of domestically developed semiconductors, White House AI adviser David Sacks said, citing news reports. US President Donald Trump on Monday said that he would allow shipments of Nvidia’s H200 chips to China, part of an administration effort backed by Sacks to challenge Chinese tech champions such as Huawei Technologies Co (華為) by bringing US competition to their home market. On Friday, Sacks signaled that he was uncertain about whether that approach would work. “They’re rejecting our chips,” Sacks
NATIONAL SECURITY: Intel’s testing of ACM tools despite US government control ‘highlights egregious gaps in US technology protection policies,’ a former official said Chipmaker Intel Corp has tested chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by US sanctions, according to two sources with direct knowledge of the matter. Intel, which fended off calls for its CEO’s resignation from US President Donald Trump in August over his alleged ties to China, got the tools from ACM Research Inc, a Fremont, California-based producer of chipmaking equipment. Two of ACM’s units, based in Shanghai and South Korea, were among a number of firms barred last year from receiving US technology over claims they have
It is challenging to build infrastructure in much of Europe. Constrained budgets and polarized politics tend to undermine long-term projects, forcing officials to react to emergencies rather than plan for the future. Not in Austria. Today, the country is to officially open its Koralmbahn tunnel, the 5.9 billion euro (US$6.9 billion) centerpiece of a groundbreaking new railway that will eventually run from Poland’s Baltic coast to the Adriatic Sea, transforming travel within Austria and positioning the Alpine nation at the forefront of logistics in Europe. “It is Austria’s biggest socio-economic experiment in over a century,” said Eric Kirschner, an economist at Graz-based Joanneum
OPTION: Uber said it could provide higher pay for batch trips, if incentives for batching is not removed entirely, as the latter would force it to pass on the costs to consumers Uber Technologies Inc yesterday warned that proposed restrictions on batching orders and minimum wages could prompt a NT$20 delivery fee increase in Taiwan, as lower efficiency would drive up costs. Uber CEO Dara Khosrowshahi made the remarks yesterday during his visit to Taiwan. He is on a multileg trip to the region, which includes stops in South Korea and Japan. His visit coincided the release last month of the Ministry of Labor’s draft bill on the delivery sector, which aims to safeguard delivery workers’ rights and improve their welfare. The ministry set the minimum pay for local food delivery drivers at
RSS