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Technology Stocks : Energy Conversion Devices -- Ignore unavailable to you. Want to Upgrade?


To: fred whitridge who wrote (2387)9/29/1998 11:14:00 AM
From: Don Devlin  Respond to of 8393
 
Taiwan really makes a move!

c) Copyright 1997, Bangor Daily News Inc. 207-990-8000
491 Main Street, PO Box 1329, Bangor, ME 04402 USA
===

EV - Tradewinds (TWI) Electric scooters receive boost from government
09/21/98 Copyright(C) 1998 TRADE WINDS

The Taiwan government has made environmental protection one of its
major auto industry policies and as result passed a proposal, drafted
by the Environmental Protection Administration (EPA), to promote the
development of the electric-scooter industry on the island.

The law will require domestic manufacturers to devote a minimum
percentage (as yet to be determined) of annual production to electric
scooters by the year 2000. Initially the government set this
production level at two percent, which equates to around 20,000
electric scooters on the market two years from now, however, the level
is now being reconsidered and may be increased to as high as 10
percent.

In order to promote the use of electric scooters, the government will
subsidize the scooters themselves as well as the batteries. The
scooter subsidy will apply to both local and imported scooters and
will be as high as NT$5,000 (US$145), with battery subsidies between
NT$3,000 and NT$10,000 (US$85 to US$290) depending on the type of
battery.

According to the EPA, under the subsidy plan, the price of an electric
scooter will be lower than that of traditional gasoline-powered 50cc
motorcycles.

Michael Hsu, a specialist at the Industrial Development Bureau (IDB)
under the Ministry of Economic Affairs (MOEA), said the
electric-scooter industry is one of the most important industries the
government wants to promote.

He said the government and private sectors have been working together
in the development of electric scooters. The Energy Commission under
the MOEA commissioned the Industrial Technology Research Institute
(ITRI) to develop whole electric-scooter technologies. The EPA tested
the prototypes at domestic universities and the results are now being
evaluated.

Manufacturers, meanwhile, have been striving to develop better
performing, higher value-added products. They are cooperating with the
ITRI on the development of key components, with breakthroughs being
achieved in both product performance and production techniques.

Joint-ventures currently underway aimed at developing electric
scooters for the Taiwan market include one between Sanyang, Yamaha,
PGO and Suzuki, and another between Kwang Yang and General Electric of
the U.S. Both joint-ventures plan to commence production this year.

/CONTACT: David Spokes, Marketing Manager, International, of Telxon
Limited, 44-1202-785300, or dspok@telxon.com/ 09:00 EDT
===