Thanks to soaring orders for the two older models, the world-known electric car maker Tesla reported the revenues more than doubled, beating market expectations and refreshing its investors even if the firm just experienced massive losses as reported earlier. As the market is looking forward to the debut of Model 3, Tesla has overtaken General Motors (GM) in terms of market capitalization seve...

The ongoing electric automobile trend and increasing subsidies have attracted many Taiwanese companies to tap the lucrative market. For instance, TYC, a globally recognized vehicle lighting provider headquartered in Taiwan, has benefited from sharp growth of market demand for Gogoro, a Taiwanese brand of electric scooters, coupled with the government’s financial support. Due to forecast bri...

Mainly on the trend for environmental protection, along with the upgraded subsidies and the government’s promotion to replace the two-stroke scooters, overall sales of electric motorcycles in Taiwan are estimated to witness a promising growth in the near future. Following Gogoro’s e-scooters that are targeted at local young people, China Motor’s e-moving Post aimed at the business segments has...

With energy saving and carbon reduction increasingly a concern among industries, China Motor, eyes great market potential of the logistics and transport industries, and has launched its e-moving Post, the first heavy commercial electric motorcycle in Taiwan. Compared to Gogoro’s model that is targeted at young people, China Motor’s e-moving Post aims at the business segments. Built with a batt...

Aiming to tap the Southeast Asian market, the Taiwan-based TECO Electric & Machinery Co. eyes the electric tricycle segment in the Philippines, and plans to export 3,000 TECO’S E-Trike there this year. TECO, with the E-Trike’s production capacity reaching 50,000, is likely to see a rosy future, as its efforts on exploring the Southeast Asian market appears to be paying off. TECO started to...

Taiwan’s Ministry of Economic Affairs (MOEA) is offering subsidy for the purchase of electric motorcycles with the credits of NT$ 7,200 (US$238) for electric light motor scooters (below 50 cc), NT$ 10,000 (US$331) for electric regular motorcycle and heavy motorcycles and NT$ 2,000 (US$66) for the use of domestically produced batteries. Official sources said that the government’s early subsidy...

The Taiwan-based Kung Long Batteries Industrial Co., Ltd., a specialized manufacturer of lead-acid batteries and listed in Taiwan bourse, has garnered the first time an order from Honda for start-stop batteries and already begun delivery, confirmed by Kung Long’s general manager J.C. Lee right after the firm’s investor conference held on June 13. The order will certainly pump considerable grow...

While crude oil prices have plummeted to 13-year lows of around US$30 a barrel as of Feb. 1, 2016, according to global news media, sales of electric scooter (e-scooters) in Taiwan continue to increase steadily year by year, with a few major vendors commanding the lion's share of the market. China Motor Corp. (CMC), the local assembler of Mitsubishi- and CMC-brand passenger cars and trucks as ...

A new type of urban commuting or transportation vehicle was publicized recently in Taiwan by the island's Institute for Information Industry (III) and Massachusetts Institute of Technology (MIT) of the U.S. The new vehicle, dubbed Persuasive Electric Vehicle (PEV), takes the form of an electric tricycle with a roof that protects a rider in foul weather, and will undergo trials for about one ye...

Taiwan's executive ministry or Cabinet recently announced that its subsidy program to promote electric-scooter (e-scooter) adoption on the island has achieved some initial success. To help grow the development of the local e-scooter industry as well as promote the sales of such eco-friendly, short-distance commuting vehicles in Taiwan, the Cabinet set up a policy in 2009 aimed at replacing 50c...