Foxtron Vehicle Technologies Co (鴻華先進) on Wednesday announced that its Model B electric vehicle (EV) has received government certification and is scheduled to hit markets in the fourth quarter of this year.
Global EV demand continues to grow, with the EV market in Taiwan, China, Europe and the US expanding, Foxtron spokesman Wang Li-wei (王理巍) told an investors’ conference.
It is estimated that EVs would account for more than 30 percent of global vehicle sales by 2030, he added.
Photo: CNA
Several EV models would be launched in the second half of the year, with the Model B to debut in the fourth quarter, Wang said, adding that it has already obtained the government certification required to start selling.
On the progress of the US version of the Model C prototype, he said that field testing is ongoing in the US, and the development and certification of the model are expected to be completed by the end of this year.
Foxtron, a joint venture between Hon Hai Precision Industry Co (鴻海精密) and Yulon Motor Co (裕隆汽車), is also working with Japan’s Mitsubishi Motors Corp to develop a right-hand-drive version, targeting the New Zealand and Australian markets in the second half of next year, he said.
As for Foxtron’s EV strategy this year, Wang said that the company would continue with deliveries of existing models, ramp up production of new models and maintain its strong research-and-development investments.
Foxtron noted that in just a few years, it has developed the Model B, C, D and E platforms, which collectively cover nearly all EV size segments.
The Taiwanese version of the Model C has already been launched and a long-range version was also rolled out at the end of last year.
In terms of commercial EVs, Wang said that in addition to the Model T large electric bus, the company has also launched the Model U mid-sized electric bus.
Having secured a spot in Taiwan’s national e-bus program, Foxtron expects significant growth in orders this year, he added.
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