Foxtron’s global EV push gains speed—with a mystery U.S. partner set to emerge by year-end

At its May 23 shareholders’ meeting, Foxtron Chairman Young Liu reiterated the company’s goal of achieving profitability by 2029. While still in the red, Liu highlighted the firm’s increasingly comprehensive EV portfolio and expanding partner network as growth catalysts. He added that Foxtron will pursue new collaborations through a variety of strategic engagement models.

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Taiwan’s hydrogen vehicle plans hit regulatory wall

Global sales of hydrogen fuel cell vehicles (FCVs) declined for the second consecutive year in 2024, highlighting the ongoing challenges in developing the hydrogen mobility market. In Taiwan, stringent regulations and complex approval procedures have delayed the launch of hydrogen refueling stations by state-owned CPC Corp and private gas supplier Linde LienHwa, prompting industry stakeholders to call for regulatory relaxation to accelerate adoption.

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Tariff reprieve clogs ports, sends urgent cargo to the skies

The 90-day tariff grace period introduced by the US has triggered a surge in sea freight demand, overwhelming the container shipping market and prompting a potential shift of urgent orders to air cargo. EVA Air president Chia-Ming Sun said that the company anticipates increased demand for air freight in the coming months and is preparing to adjust aircraft capacity accordingly.

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