Hon Hai expects to sign joint venture deal with Stellantis by Aug. 31
05/25/2021 07:42 PM
Hon Hai s headquarters in New Taipei. CNA file photo
Taipei, May 25 (CNA) Taiwan s manufacturing giant Hon Hai Precision Industry Co. said Tuesday that it is set to sign a joint venture deal with the multinational automotive manufacturer Stellantis NV by Aug. 31 to work on connectivity technology development.
Hon Hai, also known as Foxconn on the global market, had announced the deal on May 18, saying that its subsidiary FIH Mobile Ltd. will partner with Stellantis to set up a 50-50 joint venture.
Dubbed Mobile Drive, the joint venture will seek to develop technology such as digital dashboard systems and Internet of Vehicle (IoV), Hon Hai said.
Taipei, May 14 (CNA) Taiwan-based manufacturing giant Hon Hai Precision Industry Co. said Friday it has decided to establish an electronic vehicle production site in the United States in partnership with American EV maker Fisker Inc.
1,500 firms worldwide sign up for Hon Hai s EV platform focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
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.