Formosa Automobile Sales Corp (台塑汽車) is developing batteries in-house to prepare for production of its own electric trucks, which are expected to hit the market in 2022, company chairman Chen Sheng-kuang (陳勝光) said yesterday.
Speaking at an event to promoting the DAF CF Euro 6 trucks, Chen said that the company, a subsidiary of Formosa Plastics Group (FPG, 台塑集團), has been working on e-truck development for some time in anticipation of robust demand.
FPG founders Wang Yung-ching (王永慶) and Wang Yung-tsai (王永在), who died in 2008 and 2014 respectively, predicted that electric vehicles would become the dominant method of transportation, which is why Formosa Automobile has steadily invested in electric-vehicle batteries, Chen said.
Photo: Chang Hui-wen, Taipei Times
The company is planning to produce 6.5-tonne and 12-tonne e-trucks, and a 10-tonne e-bus, he said.
The heavier e-truck is being designed on an existing frame, with the addition of an electric motor, electronic control systems and batteries, he said.
Formosa Automobile would begin to assemble and test a prototype in June next year and it hopes the vehicle can hit the local market in 2022, Chen said.
The lighter e-truck and the e-bus are scheduled to enter the market from 2022 to 2025 respectively, he said.
The company has handled the marketing, sales and production of DAF trucks in Taiwan since 2005.
Chen said that the company reached a milestone this year when it sold its 10,000th DAF truck after 15 years in the local market.
The firm forecast that it would take another six years to sell another 10,000 DAF trucks locally.
A proposed 100 percent tariff on chip imports announced by US President Donald Trump could shift more of Taiwan’s semiconductor production overseas, a Taiwan Institute of Economic Research (TIER) researcher said yesterday. Trump’s tariff policy will accelerate the global semiconductor industry’s pace to establish roots in the US, leading to higher supply chain costs and ultimately raising prices of consumer electronics and creating uncertainty for future market demand, Arisa Liu (劉佩真) at the institute’s Taiwan Industry Economics Database said in a telephone interview. Trump’s move signals his intention to "restore the glory of the US semiconductor industry," Liu noted, saying that
On Ireland’s blustery western seaboard, researchers are gleefully flying giant kites — not for fun, but in the hope of generating renewable electricity and sparking a “revolution” in wind energy. “We use a kite to capture the wind and a generator at the bottom of it that captures the power,” said Padraic Doherty of Kitepower, the Dutch firm behind the venture. At its test site in operation since September 2023 near the small town of Bangor Erris, the team transports the vast 60-square-meter kite from a hangar across the lunar-like bogland to a generator. The kite is then attached by a
Foxconn Technology Co (鴻準精密), a metal casing supplier owned by Hon Hai Precision Industry Co (鴻海精密), yesterday announced plans to invest US$1 billion in the US over the next decade as part of its business transformation strategy. The Apple Inc supplier said in a statement that its board approved the investment on Thursday, as part of a transformation strategy focused on precision mold development, smart manufacturing, robotics and advanced automation. The strategy would have a strong emphasis on artificial intelligence (AI), the company added. The company said it aims to build a flexible, intelligent production ecosystem to boost competitiveness and sustainability. Foxconn
STILL UNCLEAR: Several aspects of the policy still need to be clarified, such as whether the exemptions would expand to related products, PwC Taiwan warned The TAIEX surged yesterday, led by gains in Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), after US President Donald Trump announced a sweeping 100 percent tariff on imported semiconductors — while exempting companies operating or building plants in the US, which includes TSMC. The benchmark index jumped 556.41 points, or 2.37 percent, to close at 24,003.77, breaching the 24,000-point level and hitting its highest close this year, Taiwan Stock Exchange (TWSE) data showed. TSMC rose NT$55, or 4.89 percent, to close at a record NT$1,180, as the company is already investing heavily in a multibillion-dollar plant in Arizona that led investors to assume