In Pics - Foxconn Electric Cars: Company that manufactures Apple iPhones will now produce EVs - Check details
Foxconn Electric Car: Foxconn, the Taiwanese company that manufactures smartphones for Apple Inc and other global brands, will now produce electric cars on a similar contract model, as per a PTI report. Let us find out the interesting facts about Foxconn's new venture.
What will Foxconn produce?
Foxconn Technology Group will produce electric cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. He said the clients can modify their appearance and features for their markets. Source: Reuters
Foxconn entering a crowded global market
Foxconn, also known as Hon Hai Precision Industry Co., enters a crowded global market with electrics being offered by almost every established automaker and dozens of ambitious startups. Source: foxconn.com
Flagship model
The company said that the flagship Model E sedan, developed with Italian design house Pininfarina, is due to be launched in 2023. The company further informed that the Model E will have five seats and a range of 750 kilometres on one charge. Source: Reuters
Who are the clients of Foxconn?
Liu mentioned automakers Fisker Inc. And Taiwan's Yulong Group as clients. Furthermore, the newspaper Taiwan News said last week other potential customers include Stellantis, the automaker formed by the merger of FIAT Chrysler and Peugeot. However, Liu did not confirm that. Source: Reuters
Foxconn's first electric bus
Foxconn said its first electric bus, the Model T, will have a range of less than 400 kilometres on one charge. Source: Reuters