CPC in talks to develop EV batteries

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

Taipei Times
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

CPC Corp, Taiwan chairman Tai Chein speaks at a news conference in Taipei yesterday.  Photo: Huang Pei-chun, Taipei Times

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]

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