Kaohsiung City in first place for electric bus deployment

Kaohsiung City has the the largest proportion of electric buses in its public bus fleet accounting for 19.5% of the total, according to a Ministry of Transport and Communications (MOTC) press release today, June 24. The Kaohsiung City Government assisted bus operators to obtain subsidies from the national government in order to reduce sources of mobile pollution. There are currently 195 electric buses plying routes in the city. At 19.5% of the overall bus fleet, Kaohsiung City won first place

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Taiwan stocks tumble following Wall Street’s 5th consecutive weekly decline Friday

Taiwan’s Capitalization Weighted Stock Index (TAIEX) fell more than 300 points (2.19%) Monday after US markets marked a bearish 5-week-long losing streak Friday. Affected by high inflation, rising interest rates, and declines in corporate profits, Taiwan stocks fell to an almost one year low at prices not seen since May 21 last year. The TAIEX opened at 16,345.8, 62 points down from Friday’s close, and tumbled more than 200 points in early trading. After a brief rebound the decline continued

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Evergreen Marine ship EVER FORWARD finally moving after one month stuck aground in Chesapeake Bay

A container ship belonging to Taiwan shipping giant Evergreen Marine Corp. has finally been refloated after running aground in Chesapeake Bay on the US east coast more than one month ago. The 334-meter-long, 117,340 gross ton Ever Forward ran aground on a muddy bottom after leaving the Port of Baltimore and “missing a turn” on March 13. The grounding came just 10 days short of the anniversary of Evergreen’s Ever Given getting stuck and blocking the Suez Canal from March

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Taiwan’s gold reserves valued at US$26.9 billion: Legislator suggests “sell high, buy low”

A legislator suggested that Taiwan’s central bank should sell some of its gold reserve while the price is high, as the market price reached close to US$2,000 per ounce yesterday, April 13. The Russia-Ukraine war, and rampant global inflation has driven up the price of gold, with prices of over US$2,050 seen in early march, and the price reaching US$1,973 yesterday. At the time of writing the gold price was hovering slightly below US$1,970. Taiwan’s central bank (Central Bank of

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Thousands of passengers affected after industrial accident cuts power to High Speed Rail

Thousands of passengers were left temporarily stranded in Kaohsiung City and Tainan City after an industrial accident caused a high voltage tower to collapse, cutting power to High Speed Rail services between Tainan and Zuoying stations on the eve of the four day Tomb Sweeping Festival long weekend, today, Friday, April 1. At around 3:35 pm, contractors were using a wrecking ball to demolish a silo at a disused Southeast Cement Company plant adjacent to the high speed rail track

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Video shows Chinese airliner nosedived from an altitude of 9,000 meters

Video footage from a security camera at mining operation around one kilometer away from the site of a plane crash that killed all 132 passengers and crew aboard in Guangxi Province, China, showed that the airliner nosed dived to the ground from an altitude of 9,000 meters. According to data from Flightradar24, the Boeing 737-800 belonging to China Eastern Airlines plunged “cliff-like” from an altitude of 9,000 meters before disappearing from radar at 900 meters at around 2:50 pm today,

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Missing Boeing 737 with 132 on board confirmed crashed in China

A China Eastern Airlines passenger plane that went missing from radar earlier today has been confirmed to have crashed in a mountainous area of Guangxi Province, China, according to Chinese state media. CCTV reported that a China Eastern Airlines Boeing 737 flight number MU5735 carrying 123 passengers and 9 crew took off from Kunming at 1:15 pm bound for Guangzhou Baiyun Airport. At around 2:50 pm the plane disappeared from radar screens over Wuzhou, Guangxi Province. At 4:30 pm, the

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Large areas of southern Taiwan still in the dark this evening but power supply sufficient for tomorrow says Taipower

Power was restored to most affected areas following nationwide blackouts caused by an accident at Xingda Power Plant in Kaohsiung City this morning, however, many areas of southern Taiwan were plunged into darkness again as the sun went down on solar power arrays this evening, March 3. As of 8:30 pm this evening power outages were still being reported over much of Kaohsiung City’s central business district, and areas of Pingtung, Tainan, Chiayi, and Yunlin counties. An estimated 700,000 households

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Kaohsiung City poised to become important base in global electric bus market

Kaohsiung City Mayor Chen Chi-mai said that he looks forward to jointly building the world’s most important electric bus base during a handover ceremony that saw the city taking delivery of the first electric bus produced by Foxconn joint venture Foxtron today, March 3. Hon Hai Precision Industry Co. (TSE: 2354, Foxconn Technology Group) Chairman Liu Young-way said that the delivery was the most important milestone since the company ventured into the electric vehicle industry. Liu noted that 65% of

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Nationwide power outages after accident at major power station

More than one third of households around Taiwan were without power after what the Ministry of Economic Affairs described as “a bang, but not an explosion” at a major power plant in Kaohsiung City at 9:07 am this morning, Thursday, March 3. Minister of Economic Affairs Wang Mei-hua made a public apology for the situation and said that the power outages were caused by an accident at the main switch station of Xingda Power Plant in Kaohsiung City. Wang said

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Taiwan’s electric motorcycle brand Gogoro reports recent sales surge

Electric scooter brand Gogoro announced March 1 that the number of newly licensed electric scooters in Taiwan in the first two months of 2022 reached 7,308 units, more than double the same period last year, with a growth rate of 132.2%.  Compared with the booming sales performance of electric motor scooters, the sales of traditional fuel scooters continued to decline. The number of new licenses of traditional fuel scooters in January and February 2022 declined by 10.4% compared with the

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