Foxconn shows off two electric vehicles and boasts about bulk orders • The Register

Hon Hai Technology Group, the electronics maker of the stars, better known as Foxconn, has unveiled two new electric vehicle models and production models of a prototype that are expected to hit Taiwan’s roads in 2023.

The new kit was unveiled at Hon Hai’s annual research and development exhibition on Tuesday. The new electric vehicles include the Model V, the first pickup truck made in Taiwan that can carry a payload of up to one ton and tow three tons.

The second new EV is the Model B and is a sporty crossover hatchback aimed at younger generations. It has a drag coefficient of 0.26, a range of 450 kilometers (280 miles) and accelerates from 0 to 100 km/h (0-62mph) in 6.6 seconds.

Foxconn Model V EV truck

Foxconn Model V EV Truck – Click to enlarge

The announcements mean that Foxconn has five EV models on its books, one of which — the Model C family SUV — will enter production in 2023 as the “Luxgen n7 by Yulon Motor.”

Yulon Motor is a Taiwanese automaker that licenses designs. That’s exactly how Foxconn wants to do business in the auto caper, and the company was pleased to report today that Yulon’s version of the Model C received 15,000 orders last month within 32 hours of pre-orders opening.

The V, B and C models are said to be produced at Foxconn plants in Thailand, Taiwan and the United States, with “further negotiations” underway in Indonesia and India.

The Taiwanese company also showed its self-developed software platform for electric vehicles, HHEV.OS. Foxconn said it meets security requirements and “reduces the time to integrate and develop software and hardware in the industry.” The company aims to make HHEV.OS the standard for the MIH software platform, an open platform developed by the company and announced three years ago.

“At this moment we are diving into the electric vehicle industry. We will become more global and innovative in terms of design and also Hon Hai speed,” said company founder Terry Gou during the live event [VIDEO] known as Hon Hai Day Tech Day.

“We started manufacturing but are now transitioning to Hon Hai technology,” Gou said.

However, the company did not want to be seen as a competitor to the brand manufacturers. It describes itself as a “reliable and trustworthy partner in manufacturing and design” and offers development and manufacturing on a contract basis.

Foxconn has also formed a joint venture with Yulon Motors called Foxtron to sell an electric bus.

Traditionally known for manufacturing components for companies like Apple and Dell, Hon Hai is also involved in semiconductors. The company makes 30 percent of its output outside of China and is looking for opportunities in India. In February, the company launched a joint venture on the subcontinent as part of the national subsidy program for electronics manufacturing.

It’s also not shy about exploring AI, robotics and autonomous driving, and has long recognized the need to diversify its product portfolio rather than just its manufacturing facilities. ®

https://www.theregister.com/2022/10/18/foxconn_ev_expansion/ Foxconn shows off two electric vehicles and boasts about bulk orders • The Register

Rick Schindler

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