Luxgen Motor Co (納智捷), a subsidiary of Yulon Motor Co (裕隆汽車), on Thursday unveiled the pricing and delivery schedule for its N7 electric vehicle (EV) model, which starts at just below NT$1 million (US$31,149).
The base model for the N7 sport utility vehicle will be priced at NT$999,000, Luxgen Motor chairman and acting president Tso Chi-sen (左自生) said at a press event in Taipei.
Luxgen has received about 25,000 initial orders for the EV model since preorders started in September last year, the automaker said.
Photo: Amy Yang, Taipei Times
Based on the company’s Web site information, the mid and top-line tiers of the N7 are NT$1.29 million and NT$1.34 million respectively.
Of the 25,000 orders placed, an estimated 30 percent, or 7,000 vehicles, are expected to result in actual sales, Tso said.
Production of the N7 is planned for next month and December, with deliveries to start from mid-January next year, he said, adding that the goal is to top Taiwan’s EV sales next year.
In addition, Luxgen said it plans to work with seven local charging station operators —Yes Charging, Tail, Evoasis, U-Power, iCharging, Evalue and Noodoe — to provide easily accessible EV charging.
Contract chipmaker United Microelectronics Corp (UMC, 聯電) yesterday said it has signed a memorandum of understanding (MOU) with Polar Semiconductor LLC to collaborate on the production of 8-inch wafers in the US. The collaboration aims to strengthen 8-inch wafer manufacturing in the US amid Washington’s efforts to increase onshore manufacturing of semiconductors, contribute to supply chain resilience against shifting geopolitical dynamics, and ensure a secure domestic supply of power semiconductors critical to automotive, electric grids, robotic manufacturing and data centers, the companies said in a joint statement. Under the MOU, Polar and UMC will identify devices for Polar to manufacture at
TARIFF TALKS: The US secretary of commerce is eyeing more than US$300 billion in investments and said Taiwan would train US workers, but Taipei has denied the latter US Secretary of Commerce Howard Lutnick said the US is expecting a large investment pledge from Taiwan in trade talks, while President William Lai (賴清德) listed areas that need improvement in order for projects to be completed. “We’re in the midst of discussions,” Lutnick said on Wednesday. “But the fact is, this administration’s goal is to bring semiconductor manufacturing to America.” Lai on Wednesday said Taiwan is supportive of US President Donald Trump’s goal of reindustrializing the US, including efforts to ramp up semiconductor production. Such a goal would require the US to reduce its reliance on Taiwan as a key source
The demise of the coal industry left the US’ Appalachian region in tatters, with lost jobs, spoiled water and countless kilometers of abandoned underground mines. Now entrepreneurs are eyeing the rural region with ambitious visions to rebuild its economy by converting old mines into solar power systems and data centers that could help fuel the increasing power demands of the artificial intelligence (AI) boom. One such project is underway by a non-profit team calling itself Energy DELTA (Discovery, Education, Learning and Technology Accelerator) Lab, which is looking to develop energy sources on about 26,305 hectares of old coal land in
Netflix on Friday faced fierce criticism over its blockbuster deal to acquire Warner Bros Discovery. The streaming giant is already viewed as a pariah in some Hollywood circles, largely due to its reluctance to release content in theaters and its disruption of traditional industry practices. As Netflix emerged as the likely winning bidder for Warner Bros — the studio behind Casablanca, the Harry Potter movies and Friends — Hollywood’s elite launched an aggressive campaign against the acquisition. Titanic director James Cameron called the buyout a “disaster,” while a group of prominent producers are lobbying US Congress to oppose the deal,