14 May 2021, 01:05 am
Foxconn has recently signed with Fisker Inc. to co-manufacture an electric vehicle. The latter would head the project, and Taiwanese manufacturer, Foxconn, will fulfill semiconductor needs. However, it was initially perceived that Foxconn would also be the manufacturer for the chips, which would be used for the Apple Car, its longtime partner.
(Photo : REUTERS/Tyrone Siu/File Photo)
FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company s building in Taipei, Taiwan March 30, 2018.
While there are no reports that the Apple Car would be relying on Foxconn for its chips or Foxconn denying its future involvement with Apple and its electric vehicle, this new development may be a conflict with the venture. Apple has been in partnership with Foxconn for a long time now, mainly for the chips used by the company s iPhone lines.
Over 100 workers at the Foxconn iPhone factory in Chennai caught coronavirus. While Apple's other contractor Wistron's plant in Bengaluru was shut for the first week of May after 60 Covid-19 cases were reported.
Fisker, Foxconn Firm Up Plan For Sub-$30,000 EV, Target U.S. Production By Late 2023
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Fisker Inc.
Fisker Inc., the Los Angeles-based electric vehicle startup led by auto designer Henrik Fisker, firmed up plans to produce a mass-market EV with manufacturing giant Foxconn and start building it in the U.S. by late 2023–potentially at Foxconn’s underutilized industrial site in Wisconsin.
The companies signed an agreement for the so-called Project PEAR (an acronym for personal electric automotive revolution) Thursday and said they intend to sell the small, five-passenger vehicle with a starting price below $30,000. The two companies are jointly investing in the project and collaborating to ensure they can deliver a relatively low-cost, easy-to-build vehicle.
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