The Taiwanese firm that manufactures smartphones for Apple Inc. and different international manufacturers says it plans to make electrical vehicles for auto manufacturers beneath the same contract mannequin
TAIPEI, Taiwan — The Taiwanese firm that manufactures smartphones for Apple Inc. and different international manufacturers introduced plans Monday to provide electrical vehicles for auto manufacturers beneath the same contract mannequin.
Foxconn Expertise Group will produce vehicles and buses for manufacturers in China, North America, Europe and different markets, mentioned its chairman, Younger Liu. He mentioned the shoppers can modify their look and options for his or her markets.
Foxconn, also called Hon Hai Precision Business Co., enters a crowded international market with electrics being provided by virtually each established automaker and dozens of formidable startups.
The flagship Mannequin E sedan, developed with Italian design home Pininfarina, is because of be launched in 2023, the corporate mentioned. It mentioned the Mannequin E will seat 5 and have a variety of 750 kilometers (470 miles) on one cost.
Liu talked about automakers Fisker Inc. and Taiwan’s Yulong Group as shoppers.
Foxconn mentioned its first electrical bus, the Mannequin T, can have a variety of lower than 400 kilometers (250 miles) on one cost.