Fisker, Foxconn Set to Collaborate on Electric Vehicle Project iconnect007.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iconnect007.com Daily Mail and Mail on Sunday newspapers.
Foxconn to manufacture the vehicle at projected annual volumes of more than 250,000.
Global market scope – including North America, Europe, China, and India.
The projected start of production is Q4 2023; this will be the second vehicle introduced by the Fisker brand, following the launch of the Ocean SUV in Q4 2022.
This collaboration between Fisker and Foxconn aims to revolutionise the automotive industry model by introducing further ICT capabilities, helping manufacturers accelerate the transition to new manufacturing processes and business models. Fisker Chairman and CEO, Henrik Fisker, had this to say:
We created our company to disrupt every convention in the auto industry. The creation of Project PEAR with Foxconn brings together two likeminded and complementary companies, each focused on creating new value in a traditional industry. We will create a vehicle that crosses social borders, while offering a combination of advanced technology, desirable design, innovation and
Fisker Inc. has entered into a MOU with Hon Hai Technology Group (Foxconn) supporting a project to develop a breakthrough electric vehicle. Highlights of the proposed collaboration, codenamed “Project PEAR” (Personal Electric Automotive Revolution): Fisker and Foxconn to jointly develop a breakthrough new segment vehicle. Foxconn to manufacture the vehicle.
Date of events:2021/01/13 Contents: 2.Company name:FuTaiHua Industrial (ShenZhen) Limited 3.Relationship with the Company (please enter the company itself or subsidiaries ):subsidiaries 4.Reciprocal shareholding percentage:100% 6.Content of the report: Foxconn and Geely Holding Group Form Joint Venture Providing OEM and Customized Consulting Services to Global Automakers Hon Hai Technology Group (Foxconn) and Zhejiang Geely Holding Group signed a strategic cooperative agreement and will establish a joint venture company to provide OEM and customized consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms to global automotive enterprises and ridesharing companies. The new joint venture will revolutionize the automotive industry model by introducing the Information and Communication Technology (ICT) division of labor to help automakers accelerate their transition to new in