Taiwan-based Foxconn, one of the world’s leading electronics companies, will introduce the company’s electric vehicle platform this year.
The largest iPhone installer Foxconn is preparing to exhibit the first two electric car models produced with its own technology. According to Bloomberg’s report, the announcement of electric vehicles will be made in the fourth quarter of 2021. Additionally, Foxconn may introduce an electric bus model.
Considering that Foxconn is a technology manufacturer, it is currently unknown which companies will be the customers of these projects to be introduced. The giant company had already unveiled the electric vehicle chassis and platform it developed to speed up the process of bringing the cars to market in October.
Foxconn’s big investment in electric car market
In addition, it is known that Foxconn formed a joint venture with Fiat Chrysler in 2020 to develop electric cars. The contract manufacturer also has a joint venture with the Chinese company Zhejiang Geely Holding Group.
Recently, there have been rumors that Apple has also negotiated with automakers to launch its own electric car. We will see in the upcoming period whether Foxconn’s technologies in this field will attract Apple’s attention.