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by Tyler Durden
Wednesday, Mar 31, 2021 - 08:00 PM
In news that is likely going to send shockwaves through the EV industry, Foxconn looks poised to be developing its own EV-use batteries. The giant electronic OEM is going to be developing both LFP (lithium iron phosphate) and solid-state batteries for use in electric vehicles, industry sources told Digitimes.
Foxconn and Hua-chuang Automotive Information Technical Center under Yulon Motor have established Foxtron Vehicle Technologies, the report says.
As most EV manufacturers, like Tesla, already know - battery packs can account for 50% of the total weight of an EV and 30% of its cost. Manufacturers are working on decreasing not only the cost of packs, but also the mass, which can lead to longer ranges per charge.
Hon Hai mulls plan to produce electric cars in North America
03/17/2021 12:47 PM
Hon Hai s MIH Open Platform. CNA file photo
Taipei, March 17 (CNA) Taiwan-based manufacturing giant Hon Hai Precision Industry Co. is expected to decide later this year whether to manufacture electric cars in North America.
Hon Hai Chairman Liu Young-way (劉揚偉) told reporters Tuesday the company is mulling the possibility of setting up electric car production lines in the U.S. state of Wisconsin or Mexico.
As Hon Hai, also known as Foxconn on the global market, already has production sites in Wisconsin and Mexico, the company would not need to make much additional investment in infrastructure in the two locations for electric car production lines, Liu said.
Taipei, March 16 (CNA) Autocrypt Co., a South Korea-based automotive cybersecurity solution provider, has jointed an open electric car platform pushed by Taiwan-based manufacturing giant Hon Hai Precision Industry Co.
Hon Hai suggests establishment of electric car cyber security alliance
03/03/2021 03:50 PM
CNA photo on March 2
Taipei, March 3 (CNA) Liu Young-way (劉揚偉), chairman of Taiwan-based manufacturing giant Hon Hai Precision Industry Co., on Wednesday suggested the establishment of an national electric car cyber security alliance to deal with the fast arriving electric car era.
Speaking at the NExT Forum: Cyber Security Challenges in E-Vehicle, jointly organized by the Hon Hai Research Institute and the Chinese Cryptology and Information Security Association, Liu suggested Taiwan s business sector, academia and the government should establish a cyber security alliance to facilitate the development of electric cars.