Foxconn Is Going Into the Electric Vehicles Business with a Sedan, SUV, and Bus

By: | October 22nd, 2021

Image courtesy: Foxconn

The world’s biggest contract manufacturer for electronics, Foxconn Technology Group is aiming to become a major player in the global EV market. Foxconn, the Taiwanese electronics giant is better known for making iPhones for Apple Inc.

Foxconn plans to diversify away from phones, laptops, and other consumer electronics. It recently set up a target to provide components or services for 10% of the world’s EVs between 2025 and 2027.

Foxconn has unveiled three prototype electric vehicles during a press event in Taipei, Taiwan earlier this week. The vehicles – an SUV, a sedan, and a bus are made by Foxtron, a joint venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd.

 Foxtron branded electric vehicle prototypes

The luxury sedan has been jointly developed with Italian design studio Pininfarina. It will be sold by an unspecified carmaker outside Taiwan in the coming years. Foxconn says that it can travel 750 km (466 miles) on a single charge and hit 100 KMs (62 miles) an hour in under 3 seconds.

 The SUV will be sold under one of Yulon’s brands and will hit the market in Taiwan in 2023. It can travel 700 km (435 miles) and is about a second slower to 100km.

The bus will start running in Taiwan next year in a partnership with a local transportation service provider under the Foxtron badge.

Nidhi Goyal

Nidhi is a gold medalist Post Graduate in Atmospheric and Oceanic Sciences.

More articles from Industry Tap...