Luxgen received 15,000 orders for its n7 sport utility vehicle 32 hours into the preorder period that began in September, and Yulon Motor Co vice president Li Chien-hui (李建輝) said that number has risen to about 25,000 since then. Yulon Motor Co chairperson Lilian Chen attends the launch of electric vehicle n7 in Taipei on Oct. 20. Photo: CNAShipments to fulfill the orders for 25,000 vehicles would begin that same quarter and continue into the first quarter of 2024, Li said. Yulon Motor has built close business ties with Hon Hai in electric vehicle development through the MIH Consortium led by the Taiwanese tech giant. While upbeat about the future of Luxgen’s electric vehicle, Lee was cautious about the domestic auto market’s near-term prospects after having stagnated for much of this year.

Source: Taipei Times November 19, 2022 03:54 UTC