Nov 30, 2022 - 02:07 pm
Foxconn buys land in Saudi Arabia for EV factory
Foxconn is pushing ahead with its plans to produce electric cars in Saudi Arabia. A dedicated plant is to be built for the new electric car brand Ceer, with construction scheduled to start in early 2023.
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Nov 30, 2022 - 01:48 pm
VW considers hiring Foxconn to manufacture for Scout
Volkswagen now apparently favours external production for the US electric car subsidiary Scout. According to a media report, the company is in talks with the contract manufacturer Foxconn about a plant for the new Scout brand.
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Nov 14, 2022 - 12:22 pm
Foxconn & PTT start building EV factory in Thailand
Taiwanese contract manufacturer Foxconn has laid the foundation stone for an electric car plant in Thailand as part of its joint venture with Thai energy company PTT. It is scheduled to start operations in 2024 with an initial annual capacity of 50,000 electric vehicles.
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Nov 8, 2022 - 01:12 pm
Foxconn increases investment in Lordstown Motors
The Taiwanese contract manufacturer Foxconn is investing a total of up to 170 million US dollars in the US electric car start-up through the purchase of ordinary shares and newly created preference shares. This brings Foxconn’s stake in Lordstown Motors to almost 20 per cent.
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Nov 4, 2022 - 01:41 pm
Saudi Arabia presents its very own EV brand
Saudi Arabia has unveiled its first electric car brand. It is called Ceer and is a joint venture between the Saudi sovereign wealth fund PIF (Public Investment Fund) and the Taiwanese contract manufacturer Foxconn. The latter will develop the electric platform for a range of Ceer models, including sedans and SUVs.
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Oct 19, 2022 - 11:38 am
Foxconn introduces three new BEV models
The Taiwanese contract manufacturer Foxconn presented prototypes of two new electric models at its Tech Day. Foxconn also showed the production version of the Model C, which was presented as a concept last year.
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Oct 7, 2022 - 02:12 pm
Foxtron reveals Model B concept and contract with Indiev
Foxtron, the automotive division of Taiwanese electronics company Foxconn, has given a first preview of its Model B electric hatchback. The complete vehicle will be unveiled in a week and a half. The company has also signed a manufacturing agreement with Indiev.
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Sep 30, 2022 - 05:54 pm
Lordstown kicks off production of the Endurance pickup
Lordstown Motors has begun production of its Endurance electric pickup truck. The U.S. electric car startup is having the electric truck built by contract manufacturer Foxconn, which bought the Lordstown car plant in the U.S. state of Ohio with this in mind.
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Aug 12, 2022 - 02:50 pm
Foxconn to build electric tractors for Monarch in the USA
The Taiwanese contract manufacturer Foxconn will in future also build electric tractors and batteries for them in the USA. An agreement now concluded with tractor supplier Monarch Tractor provides for Monarch’s MK-V series electric tractors to be built at the Foxconn plant in Ohio from 2023.
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Jun 16, 2022 - 01:51 pm
Foxconn begins building battery plant in Taiwan
Taiwanese contract manufacturer Foxconn has started building its first battery factory. The plant, located in Taiwan’s second-largest city Kaohsiung, is scheduled to start producing LFP cells with a planned capacity of 1.27 GWh in the first quarter of 2024.
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Jan 25, 2022 - 05:22 pm
Foxconn + Gogoro & partners to electrify Indonesia
Foxconn has reached an agreement with the Indonesian Ministry of Investment, the electric scooter manufacturer Gogoro and other partners to create an ecosystem around e-mobility in Indonesia. However, the system is to encompass much more than the exchangeable batteries for Gogoro scooters.
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Oct 19, 2021 - 11:15 am
Foxconn presents their own BEV lineup
Taiwanese contract manufacturer Foxconn has unveiled three prototype electric vehicles it developed itself. The Model C SUV, Model E sedan and Model T city bus all run under the Foxtron brand.
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Oct 1, 2021 - 11:31 am
Foxconn buys Lordstown plant & signs manufacturing partnership
Foxconn will buy the car plant of the electric car start-up Lordstown Motors in Lordstown in the US state of Ohio. This is provided for in an agreement in principle that has now been concluded between the two sides. Foxconn will then take over the production of the electric pickup truck Endurance for Lordstown Motors.
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Sep 29, 2021 - 02:25 pm
Foxconn announces supply agreement for LFP batteries
Foxconn, the Taiwanese manufacturer contracted by Apple among many others, is cooperating with the companies Giga Solar Materials, Long Time Technology and China Steel Chemical to develop anode materials for lithium iron phosphate batteries. The new batteries are to be used for the first time in electric buses from 2023.
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Sep 20, 2021 - 03:53 pm
Foxconn & PTT to make and supply EVs in Thailand
The contract manufacturer Foxconn and Thai energy company PTT have created a joint venture for the production of electric cars in Thailand. Investments of one to two billion US dollars (about 850 million to 1.7 billion euros) are to flow into the large-scale project.
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Sep 16, 2021 - 02:20 pm
Foxconn suspends plans with Byton
Taiwanese contract manufacturer Foxconn has suspended its plans to cooperate with the struggling Chinese electric car start-up Byton. Insiders say this is due to Byton’s deteriorating financial situation.
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Jul 22, 2021 - 10:49 am
Nidec aims for EV joint venture with Foxconn
Foxconn and Nidec have launched talks to set up a joint venture in Taiwan next year to accelerate electric vehicle motor production as the two Apple suppliers push further into the market. Nidec wants Foxconn to help make automotive its largest business driver – only there’s some way to go.
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Jun 24, 2021 - 11:18 am
Foxconn & Gogoro team up to expand battery swapping
Apple supplier Foxconn and scooter maker Gogoro today announced an MoU to speed up the expansion of Gogoro’s battery swapping system. Gogoro will use Foxconn’s extensive production capacities to scale up, given recent market announcements in India and China.
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Jun 16, 2021 - 03:25 pm
Foxconn to develop battery materials for EVs
According to a media report, the Taiwanese contract manufacturer Foxconn, which works for Apple, is investing the equivalent of around 36 million US dollars in the company Giga Solar Materials via a subsidiary. Foxconn said in a statement on Tuesday that the two companies will jointly develop electric vehicle battery materials.
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Apr 9, 2021 - 05:32 pm
Nidec is gearing up its electric motor business in Europe
Japan’s Nidec Corporation just opened new offices in Serbia and is setting up two new factories in the city of Novi Sad. These are just part of a wider network that is to bring Nidec to the forefront of the global electric car market. This is according to this latest strategy briefing.
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Mar 23, 2021 - 02:11 pm
Foxconn to use Nidec drives for MIH platform
The Taiwanese contract manufacturer Foxconn, who is known for working for Apple, has joined forces with Japanese electric motor manufacturer Nidec via its automotive offshoot Foxconn. The duo aims to develop electric drives for Foxconn’s MIH electric car platform, which will be unveiled in autumn.
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Mar 20, 2021 - 03:15 pm
Foxconn & VinFast consider EV cooperation
Apple contract manufacturer Foxconn is now also negotiating with Vietnamese electric car start-up VinFast regarding a cooperation to develop batteries and other components for electric cars.
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Feb 24, 2021 - 01:57 pm
Fisker and Foxconn are planning a new EV for 2023
Fisker has announced a large-scale electric vehicle project with the Apple contract manufacturer Hon Hai aka Foxconn. The model, which will apparently not be an ordinary electric car, will be Fisker’s second model after the Ocean electric SUV.
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Jan 13, 2021 - 04:54 pm
Foxconn & Geely launch EV manufacturing partnership
Long-time Apple supplier Foxconn and Chinese automaker Geely are entering into a partnership. With the planned joint venture, in which both partners will each hold half of the shares, Geely and Foxconn intend to offer contract manufacturing and consulting services in electric mobility.
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Jan 4, 2021 - 01:58 pm
Byton to launch collaboration with Foxconn in 2022
The struggling electric car startup Byton is negotiating a collaboration with Apple contract manufacturer Foxconn for what is reportedly an investment of $200 million. The plan is apparently to start mass production of the Byton M-Byte in the first quarter of 2022.
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Oct 19, 2020 - 12:24 pm
Foxconn presents electric car platform
Taiwanese contract manufacturer Hon Hai, aka Foxconn, who supplies Apple components, wants to make a major entry into the electric vehicle business. According to CEO Liu Young-way, Foxconn is to be represented with components or services in every tenth electric car worldwide by 2027.
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Jan 29, 2018 - 01:34 pm
Alibaba and Foxconn lead investment in Xiaopeng
Competition is running hot in China to make it in the new energy vehicle market. The latest round of financing for EV start-up Xpeng resulted in 2.2 billion yuan (350m euros) in funding. Alibaba and Foxconn spent the most.
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