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.
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
SEASONAL WEAKNESS: The combined revenue of the top 10 foundries fell 5.4%, but rush orders and China’s subsidies partially offset slowing demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) further solidified its dominance in the global wafer foundry business in the first quarter of this year, remaining far ahead of its closest rival, Samsung Electronics Co, TrendForce Corp (集邦科技) said yesterday. TSMC posted US$25.52 billion in sales in the January-to-March period, down 5 percent from the previous quarter, but its market share rose from 67.1 percent the previous quarter to 67.6 percent, TrendForce said in a report. While smartphone-related wafer shipments declined in the first quarter due to seasonal factors, solid demand for artificial intelligence (AI) and high-performance computing (HPC) devices and urgent TV-related orders
Prices of gasoline and diesel products at domestic fuel stations are this week to rise NT$0.2 and NT$0.3 per liter respectively, after international crude oil prices increased last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week snapped a two-week losing streak as the geopolitical situation between Russia and Ukraine turned increasingly tense, CPC said in a statement. News that some oil production facilities in Alberta, Canada, were shut down due to wildfires and that US-Iran nuclear talks made no progress also helped push oil prices to a significant weekly gain, Formosa said
RSS