Smartphone producer Foxconn announces electric car venture

Flagship Model E sedan, due to be launched in 2023, will seat five and have a range of 750 km on one charge

Smartphone producer Foxconn announces electric car venture

A Foxtron Model C electric vehicle is seen unveiled at a Foxconn event in Taipei, Taiwan, on October 18, 2021. Reuters

Taipei, October 18

The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model.

Foxconn Technology Group will produce 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.

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 start-ups.

The flagship Model E sedan, developed with Italian design house Pininfarina, is due to be launched in 2023, the company said. It said the Model E will seat five and have a range of 750 km on one charge.

Liu mentioned automakers Fisker Inc. and Taiwan’s Yulong Group as clients.

The newspaper Taiwan News said last week other potential customers include Stellantis, the automaker formed by the merger of FIAT Chrysler and Peugeot, but Liu did not confirm that.

Foxconn said its first electric bus, the Model T, will have a range of less than 400 km on one charge. AP

Tribune Shorts


Top Stories

Centre to introduce Bill in Lok Sabha Monday to repeal contentious farm laws

Centre to introduce Bill in Lok Sabha on Monday to repeal contentious farm laws

The Bill says although ‘only a group of farmers are protesti...

Samyukt Kisan Morcha postpones its Parliament march scheduled for November 29

Samyukt Kisan Morcha postpones its Parliament march scheduled for November 29

The SKM will review the further course of action at its next...

Centre agrees to farmers’ demand of decriminalising stubble burning: Agriculture Minister Narendra Tomar

Centre agrees to farmers demand of decriminalising stubble burning; panel to discuss MSP and other issues

Demands of MSP and crop diversification being discussed, sai...

Amid fears of new Covid variant, PM to chair meeting on situation relating to Covid and vaccination

PM briefed about new Covid variant; asks officials to review plans to ease international travel restrictions

At a meeting to review the Covid situation, Modi was briefed...

Two cases of coronavirus Omicron variant detected in Britain

Two cases of coronavirus Omicron variant detected in Britain

Four more African countries added to Britain’s travel red li...

Cities

View All