Yulon, the Taiwanese automaker, announced plans to increase the monthly production of its LUXGEN n⁷ electric vehicles to 3,000-4,000 units, with monthly deliveries projected to stabilize between 1,000 and 1,200 units before the fourth quarter. This move comes as part of Yulon’s broader strategy to expand its footprint in the growing electric vehicle (EV) market.
During an online corporate briefing, spokesperson Luo Wenyi provided insights into Taiwan’s automotive market, which is expected to maintain sales of 440,000 units this year, consistent with the past five years. The company also addressed challenges in mainland China’s market, where car sales are projected to remain at 31 million units despite EU-imposed countervailing duties affecting exports.
Yulon emphasized its commitment to quality, ensuring that the delivery of LUXGEN n⁷ vehicles meets high standards. Since mass production began, the company has delivered 5,464 units as of July. Despite a temporary dip in deliveries in August due to local customs, Yulon expects stable output moving forward.
In addition, Yulon highlighted its growing retail presence in Taiwan, expanding to 12 locations, and discussed the financial outlook for its Yulon City project. The company anticipates rental income of NT$400 million (US$12.6 million) this year, with a total turnover of NT$4.5-5 billion (US$141-157 million), projecting even stronger performance in 2025.
