Category Archives: EV

Hyundai Establishes Hydrogen Fuel Cell Company Expected for Production in Second Half of 2022 and a Preliminary Annual Production Capacity of 6,500 Units

published: 2021-02-02 9:30 | editor | category: News
Hyundai has officially announced the investment agreement with the government of the Guangzhou Development District on the establishment of the Hyundai Fuel Cell System (Guangzhou) Co., Ltd., where Hyundai will become the first global automotive manufacturer to set up a production base for hydrogen fuel cell systems in China, which will also be the first overseas production base of hydrogen fuel cell systems for the company. ...  more

Automotive Giants Forced to Reduce Operation Amidst Chip War

published: 2021-02-01 9:30 | editor | category: News
A perfect storm has been seen in the semiconductor industry after the global pandemic, where the surging demand for electronics has resulted in a shortage of chips, and the increasing number of chip adoption for automobile has prompted numerous major automotive manufacturers to postpone production plans, for which the phenomenon may decelerate at least 6 months after, according to insiders of the industry. ...  more

PGO Releases Its Light-Duty Electric Scooter Ur2 with Sub-NT$40,000 Base Price

published: 2021-01-27 9:30 | editor | category: News
PGO has officially announced the Ur2 Plus light-duty e-scooter, which carries a green license plate in Taiwan and features a wheel hub-integrated motor and single-cell battery. Not only does the Ur2 come with a plethora of available accessories, but it can also be had for as little as NT$40,000 thanks to its various financing options. ...  more

Responding to Tesla’s Promotion in China, NIO Says Competitor’s Low Price Reflects True Value of Its Cars

published: 2021-01-22 18:30 | editor | category: News
Last week, Chinese EV manufacturer NIO debuted its first commercially available model, the ET7. With a price tag of around RMB 448,000, the ET7 is noted by various media outlets as being more expensive than Tesla’s Model Y in the domestic market. In an effort to expand its market share in China, Tesla is offering its electric SUV — the Model Y — at RMB 339,900. However, this low price applies only to the vehicles made at Tesla’s production plant in China. ...  more

GM Wishes to Sell One Million Units of Electric Vehicles to Surpass Tesla. Has Something Gone Wrong?

published: 2021-01-20 18:30 | editor | category: News
The latest strategic goal for General Motors is to become the best automotive brand in North America. During a recent interview, the company commented that the only concrete method in surpassing Tesla is to achieve an annual sales of 1 million electric vehicles by 2025, though there seems to be something wrong with the particular method and target. ...  more