Hon Hai Technology Group – more commonly known as the Foxconn Technology Group – a Taiwanese multinational electronics contract manufacturer, known for producing the iPhone and other Apple devices, introduced three electric vehicle prototypes, including the Model E luxury sedan developed in cooperation with Pininfarina.
Discover the Model E through the words of Kevin Rice, Chief Creative Officer Pininfarina.
Foxconn intends to build EV factories in Europe and India by 2024.
Foxconn will build electric vehicle factories in Europe, India and either North or South America by 2024, as the key iPhone assembler looks to rapidly expand its presence in the booming EV industry, the company chairman said.
The Taiwanese tech titan and world’s largest contract electronics manufacturer has made EVs a key part of its growth strategy, reflecting a maturing smartphone market.
“Regional manufacturing will be a key to developing our EV business globally,” Foxconn Chairman Young Liu told reporters on the sideline of an industry event in Taipei on Wednesday. “We will share details of a European facility, followed by India and then the South American market.”
On Monday October 18, Foxconn unveiled three prototypes, two electric cars and an electric bus.
Reuters video »