RETURN ON INVESTMENT?A lawmaker said the automaker had failed to produce a commercially available electric vehicle, despite NT$1.6 billion in government subsidies
Taipei Times
Date: Jun 23, 2017
By: Kuo Chia-erh / Staff reporter
Yulon Motor Co (裕隆汽車), one of the nation’s largest automakers, yesterday said it would launch its
Yulon Group chairman Kenneth Yen, second right, yesterday attends a shareholders’ meeting at the company’s headquarters in New Taipei City’s Sindian District. Photo: Yang Ya-min, Taipei Times
first electric car in the fourth quarter of this year, aiming to impress the public with its environmentally friendly vehicles.
The S3 EV, which can accelerate from zero to 100kph in 7.2 seconds and is equipped with a 33 kilowatt-hour battery, is to be Yulon’s first production-ready sedan in its electric vehicle lineup, the firm said, without providing pricing information.
On Wednesday, Democratic Progressive Party Legislator Lin Chun-hsien (林俊憲) criticized the automaker, saying that it had failed to produce electric vehicles, despite having received government subsidies since 2011.
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