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EV sales plunge in Taiwan; Yulon eyes overseas growth

Facing a challenging economic environment, Taiwan’s new car market saw softened demand in the first half of 2025, particularly among electric vehicles (EVs). In response, Local brand Yulon Motor reaffirmed its commitment to deepening its collaboration with Foxtron Vehicle Technologies, targeting both domestic demand and international markets. At the center of its strategy is the expansion of its Luxgen N7 EV offering.