Foxconn sets new milestone with three EV prototypes, says GlobalData Following the news that Taiwan smartphone maker Foxconn showcased three electric vehicle (EV) prototypes under its own ‘Foxtron’ brand; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Foxtron is a joint venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd. The prototypes, which include a SUV, sedan and a bus, endorse a major milestone for the company’s EV ambition.
Nissan Motor Corporation has unveiled ‘Intelligent Factory’ initiative to use artificial intelligence (AI), IoT and robotics to manufacture next-generation vehicles and a zero-emission production system in Japan. With the ‘smart’ factory, Nissan is heading in the direction where most of the players will be ensuing soon, says GlobalData, a leading data and analytics company.
Foxconn EV production plan back in motion with Lordstown Motors’ Ohio plant acquisition, says GlobalData Following the news that Taiwanese iPhone maker Foxconn acquires Lordstown Motors’ Ohio electric vehicle (EV) factory for $230m; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “The acquisition is a milestone for Foxconn’s US EV ambition which came to a standstill with uncertainty looming over the company’s Wisconsin’s manufacturing plant. The purchase of Lordstown Motors’ manufacturing site, which was a GM plant till 2019, will be a turnkey solution for Foxconn’s EV manufacturing that will give it hand-off experience in the area.
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