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iPhone Assembler Foxconn to Help Launch Electric Cars This Year

  • Two light vehicles to be unveiled in 4Q: Hon Hai’s Chairman
  • Foxconn-Geely JV in talks with Faraday on EV cooperation
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Foxconn Technology Group’s new EV platform is expected to help launch vehicles later this year, a company official said, signifying major progress in the Taiwanese electronics giant’s push into the automotive space.

Two light vehicles designed using Foxconn’s platform will be unveiled in the fourth quarter, Chairman Young Liu of Foxconn’s flagship unit Hon Hai Precision Industry Co. told reporters at the company’s headquarters in suburban Taipei on Saturday. The company may also help launch an electric bus around the same time, he said.