MG Effect Shakes up Auto Market: Response from President of CPCA Taiwan

Reported 7 months ago

Yulong Group vigorously promotes electric vehicles with the N7 of the independent brand Luxgen N7 starting its second round of pre-orders in June, with Yenchin Li Lien personally test-driving. Concerned about the growing influence of the Chinese-funded MG brand in Taiwan, industry leaders fear that it may harm the local automotive supply chain. Responding at the shareholder meeting, the President of the CPCA, Chen Zhaowen, assured that they will continue to develop new car models and announced plans for upcoming releases, aiming for further market success through a multi-brand strategy.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis