Weekly car news: 5th December 2022

28^th November 2022

●Tencent and Nio signed a strategic cooperation agreement, so that they will cooperate to develop technologies including autonomous driving cloud, intelligent driving maps, and the digital ecosystem society, etc.,

29^th November 2022

●Luxgen introduced the URX Neo, and the trim levels and the starting MSRPs are the 5+1 “樂活版” (NT$ 898,000), 7-seater “樂活版” (NT$ 988,000), 5-seater “大生活家版” (NT$ 948,000), and the 7-seater “大生活家版” (NT$ 1,139,000).

●Modena Motori Taiwan introduced the Ferrari 296 GTS, and the MSRP starts from NT$ 18,220,000.

●The first batch of 500 units of Lordstown Endurance electric pickup OEM manufactured by Foxconn’s Ohio plant has been shipped out.

●Rumor has it that Hyundai plans to establish a joint-venture battery manufacturing plant in USA with LG Energy Solution and SK Group to fulfill the requirements of the Inflation Reduction Act.

30^th November 2022

●ITRI held a press conference with Taiwan Telematics Industry Association (TTIA) and the Accident Appraisal Center of National Yang Ming Chiao Tung University, on “Blockchain opens a New Era of Intelligent Transportation with SIG (Special Interest Group) Establishment”, and showcased a trustworthy device that aggregates blockchain and IoT data – the Trusted Keeper.

●Yulon Nissan announced to raise the MSRPs of Nissan Kicks, Sentra, Altima, from 1^st January 2023.

1^st December 2022

●The new cars sales report of November has been revealed, and the total registration number is 39,675 units, which increased by 8.3% compared to last month.

●Volkswagen Commercial Vehicles introduced the 5^th generation Volkswagen Caddy welfare car.

●Yulon Nissan announced to begin the pre-sale of Nissan X-Trail e-POWER from 10^th January 2023, and the first batch is limited to 600 units.

●Ford Lio-Ho introduced the MY2023 Ford Kuga, with additional Vignale version.

●YES Enegry joined the Strides, a subsidiary of SMRT, to form a charging alliance and win the tender of the public BEV charging stations of the Singapore government, which will build 4,315 charging ports, to help accelerating to achieve the goal of phasing out ICE cars by 2040.

●The Executive Yuan passed the draft of the amendment of the Commodity Tax Act, so that commodity tax incentives for the replacing heavy duty diesel trucks will be extended to 31st December 2026, and the maximum incentive per truck is up to NT$ 400,000.

●Tangeng Advanced Vehicles announced to become the strategic partner of Innovate Group, a Guatemalan public transportation company, and TTA Group, a Paraguayan public transportation company, to promote the demonstration run of 20 electric Buses.

2^nd December 2022

●Hotai Motor announced to raise the MSRPs of several models from 1^st January 2023, and the average markup is 2%.

●Sime Darby Auto Kia introduced the MY2023 Kia Sportage, and the starting MSRP had been raised by NT$ 20,000 to become NT$ 1,169,000.