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.
LIMITED IMPACT: Investor confidence was likely sustained by its relatively small exposure to the Chinese market, as only less advanced chips are made in Nanjing Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) saw its stock price close steady yesterday in a sign that the loss of the validated end user (VEU) status for its Nanjing, China, fab should have a mild impact on the world’s biggest contract chipmaker financially and technologically. Media reports about the waiver loss sent TSMC down 1.29 percent during the early trading session yesterday, but the stock soon regained strength and ended at NT$1,160, unchanged from Tuesday. Investors’ confidence in TSMC was likely built on its relatively small exposure to the Chinese market, as Chinese customers contributed about 9 percent to TSMC’s revenue last
With this year’s Semicon Taiwan trade show set to kick off on Wednesday, market attention has turned to the mass production of advanced packaging technologies and capacity expansion in Taiwan and the US. With traditional scaling reaching physical limits, heterogeneous integration and packaging technologies have emerged as key solutions. Surging demand for artificial intelligence (AI), high-performance computing (HPC) and high-bandwidth memory (HBM) chips has put technologies such as chip-on-wafer-on-substrate (CoWoS), integrated fan-out (InFO), system on integrated chips (SoIC), 3D IC and fan-out panel-level packaging (FOPLP) at the center of semiconductor innovation, making them a major focus at this year’s trade show, according
DEBUT: The trade show is to feature 17 national pavilions, a new high for the event, including from Canada, Costa Rica, Lithuania, Sweden and Vietnam for the first time The Semicon Taiwan trade show, which opens on Wednesday, is expected to see a new high in the number of exhibitors and visitors from around the world, said its organizer, SEMI, which has described the annual event as the “Olympics of the semiconductor industry.” SEMI, which represents companies in the electronics manufacturing and design supply chain, and touts the annual exhibition as the most influential semiconductor trade show in the world, said more than 1,200 enterprises from 56 countries are to showcase their innovations across more than 4,100 booths, and that the event could attract 100,000 visitors. This year’s event features 17
Germany is to establish its first-ever national pavilion at Semicon Taiwan, which starts tomorrow in Taipei, as the country looks to raise its profile and deepen semiconductor ties with Taiwan as global chip demand accelerates. Martin Mayer, a semiconductor investment expert at Germany Trade & Invest (GTAI), Germany’s international economic promotion agency, said before leaving for Taiwan that the nation is a crucial partner in developing Germany’s semiconductor ecosystem. Germany’s debut at the international semiconductor exhibition in Taipei aims to “show presence” and signal its commitment to semiconductors, while building trust with Taiwanese companies, government and industry associations, he said. “The best outcome