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Europe: Yulon to keep driving toward goal of 100-percent electric car

Yulon Group, one of Taiwan’s leading automakers, said that it will not give up efforts to develop purely electric vehicles with lithium ion batteries.

Yulon Group, one of Taiwan’s leading automakers, said that it will not give up efforts to develop purely electric cars, although it admitted that the industry is in its early stages and needs time to make its mark in the global market.

To appeal to buyers in China and the United States, Yulon will continue to try to develop hybrid cars and if it succeeds in actually bringing such a vehicle to the market, it will use it as a stepping stone into the purely battery-powered car business in the future, a Yulon official said, speaking on condition of anonymity.

The official made the remarks after his company was criticized by a lawmaker who said Yulon has failed to try its best to roll out electric cars in the past three years, despite being granted large subsidies by the government to do so. Chao Tien-lin, a legislator of the opposition Democratic Progressive Party, expressed doubt over Yulon’s efforts in electric car development. Chao said the government injected about NT$5 billion (US$168 million) over the past three years for electric car development, with Yulon and its affiliates the principal recipients. The figure was rebutted by Yulon, which said the figure was actually more like NT$2 billion.
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