Master Transportation Bus Manufacturing Ltd (成運汽車) on Sunday broke ground for a new manufacturing complex in Changhua County.
The electric bus maker plans to finish the construction before the end of next year.
The 20 hectare complex would cost NT$1.8 billion to NT$2.5 billion (US$58.68 million to US$81.50 million) and would generate up to NT$500 billion in output value, the company said.
Photo: Yen Hung-chun, Taipei Times
The complex is being built in the Central Taiwan Science Park’s (中部科學園區) campus in Changhua County’s Erlin Township (二林). The science park approved Master Transportation’s investment plan in August 2021, with the goal of creating a supply chain to manufacture electric buses for local and foreign markets.
The complex is to include a research and development center, an automated battery module, an automatic battery pack production plant, an automated beam smart manufacturing center, a body chassis plant and an overseas delivery center, among other facilities, the company said.
At Sunday’s groundbreaking ceremony, Minister of Economic Affairs Wang Mei-hua (王美花) said she hopes Master Transportation will become a global player in the electric bus sector by partnering with local electronics and electrical machinery companies.
Master Transportation is headquartered in Taipei, with a factory in Pingtung County’s Sinyuan Township (新園).
The company is in talks with 47 Taiwanese firms to discuss potential collaboration, chairman Wu Ding-fa (吳定發) said.
It is seeking partnerships with Taiwan’s Formosa Plastics Group (台塑集團), Tatung Co (大同) and Teco Electric & Machinery Co (東元電機), as well as its battery supplier, Japan’s Toshiba Corp, Wu said.
Wu said Master Transportation would try to leverage its relationship with Toshiba to export Taiwan-made electric buses to Japan, adding that the firm is setting its sights on showcasing its products at Expo 2025 in Osaka.
The Eurovision Song Contest has seen a surge in punter interest at the bookmakers, becoming a major betting event, experts said ahead of last night’s giant glamfest in Basel. “Eurovision has quietly become one of the biggest betting events of the year,” said Tomi Huttunen, senior manager of the Online Computer Finland (OCS) betting and casino platform. Betting sites have long been used to gauge which way voters might be leaning ahead of the world’s biggest televised live music event. However, bookmakers highlight a huge increase in engagement in recent years — and this year in particular. “We’ve already passed 2023’s total activity and
Nvidia Corp CEO Jensen Huang (黃仁勳) today announced that his company has selected "Beitou Shilin" in Taipei for its new Taiwan office, called Nvidia Constellation, putting an end to months of speculation. Industry sources have said that the tech giant has been eyeing the Beitou Shilin Science Park as the site of its new overseas headquarters, and speculated that the new headquarters would be built on two plots of land designated as "T17" and "T18," which span 3.89 hectares in the park. "I think it's time for us to reveal one of the largest products we've ever built," Huang said near the
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
China yesterday announced anti-dumping duties as high as 74.9 percent on imports of polyoxymethylene (POM) copolymers, a type of engineering plastic, from Taiwan, the US, the EU and Japan. The Chinese Ministry of Commerce’s findings conclude a probe launched in May last year, shortly after the US sharply increased tariffs on Chinese electric vehicles, computer chips and other imports. POM copolymers can partially replace metals such as copper and zinc, and have various applications, including in auto parts, electronics and medical equipment, the Chinese ministry has said. In January, it said initial investigations had determined that dumping was taking place, and implemented preliminary
RSS