Taiwan, China may develop EVs together
TAIPEI, TAIWAN - Taiwan and China are looking into developing electric cars together and will hold a conference to seek areas where they can cooperate, a Taipei official said.
The conference in the Taiwan capital is likely to attract more than 100 Chinese participants, mostly from the auto sector, according to the economics ministry official.
"We are eyeing the huge China market," she said. "We hope we can sign a memorandum of understanding in the meeting to pave the way for future development (of electric cars) together."
China has shown ambitions of becoming a leader in the production of more environmentally friendly electric cars.
One of the nation's new champions, BYD Auto, beat other products such as General Motors' Volt when it launched the F3DM, the world's first plug-in hybrid to go on sale, in China late last year.
Related News
Ontario's electricity 'recovery rate' could lead to higher hydro bills
TORONTO - A new provincial COVID-19 measure, designed to give Ontario ratepayers "stability" on their hydro bills this summer, could result in slightly higher hydro costs over the next four months.
Ontario Premier Doug Ford's government announced over the weekend that consumers would be charged a single around-the-clock electricity rate between June and November, replacing the much-derided time-of-use model ratepayers have complained about for years.
Instead of being charged between 10 to 20 cents per kilowatt hour, depending on the time of day electricity is used, hydro users will be charged a blanket rate of 12.8 cents per kWh.
"The new rate will…
