Weekly car news: 11th March 2024

"Weekly car news " is a recap of some of the major stories in Taiwan car market last week.

4th March 2024

●Hotai Motor added the Toyota Yaris Cross into its iRent car-sharing service.

●Volkswagen Group Taiwan announced that its 2024 vision in Taiwan is “Electrify Taiwan”, and it will introduce the Audi Q4 e-tron, the Audi Q4 Sportback e-tron, the Volkswagen ID.4, ID.5 (Pro and GTX), the Škoda Enyaq, the Škoda Enyaq Coupé, and the VWCV ID.Buzz.

●Modena Motori Taiwan announced that the all-new Maserati GranCabrio will be introduced in H2 this year.

●Taiwan Mobile announced to jointly introduced the Cerence Link one-stop V2X solution with Cerence.

●BYD plans to establish at least 100 showrooms in Japan before the end of 2025.

5th March 2024

●Nan Yang Industries foretold that the all-new redesigned Hyundai Santa Fe and Hyundai Kona Electric will be revealed in H2 this year.

●Nan Yang Industries began the pre-sale of the Hyundai Ioniq 5 N, and the MSRP start from NT$ 2,599,000.

●Tesla’s Gigafactory Berlin-Brandenburg shut due to arson attack.

●Toyota announced to invest 2.2 billion USD to manufacture new car model in Brazil.

6th March 2024

●Hotai Motor announced to invest 181.5 million NTD in U-Power to acquire 10% share of its common stock.

●Škoda Sunpek Neihu flagship showroom and service center has been officially opened.

●Pan German Motor announced that the “BMW I pure electric life concept store” has been opened in “NOKE忠泰樂生活”.

●Gaius Automotive Rapide 3 had received the iF Design Award.

●The first-ever BEV intelligent battery charging/swapping demonstration zone has been officially activated in China, which covers Suzhou, Wuxi, and Changzhou.

●Nio announced that its revenue of 2023 is 55.62 billion RMB.

●Stellantis group announced to invest 6.1 billion USD to manufacture hybrid vehicles in Brazil.

8th March 2024

●China Motors introduced the Mitsubishi Eclipse Cross “月影特仕版” special edition, and the MSRP starts from NT$ 1,178,000.

9th March 2024

●Volvo Cars Taiwan holds the “Volvo安全夜行 Milu同行” animal safety bazaar at the dream square of Uni Style department store from 9th March to 10th March.

●Xiaomi Automobile’s first regular store located in Wangfujing, Beijing, China, is scheduled to be opened in April this year.

10th March 2024

●Tesla’s Gigafactory Berlin-Brandenburg is scheduled to resume its production after the halt due to arson attack.