ELECTRIC VEHICLES: The state-run firm is in talks with a local automaker and several foreign firms for the project, which will initially focus on batteries for electric scooters
Date: Feb 02, 2018
By: Kuo Chia-erh / Staff reporter
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday said it is in talks with China
Motor Corp (中華汽車), which sells Mitsubishi sedans and its own-brand cars in the local market, to develop its own brand of batteries for electric vehicles (EVs).
CPC’s distribution channels — the company has more than 2,000 gas stations across the nation — are a distinct advantage and it provides materials used in lithium-ion batteries, CPC chairman Tai Chein (戴謙) told a news conference in Taipei.
CPC is also in talks with several foreign companies — including Japan-based Panasonic Corp and TDK Corp — over the possibility of further cooperation, company offcials said. [FULL STORY]