Hon Hai Precision Industry Co’s (鴻海精密) new electric vehicle (EV) platform is expected to help launch vehicles later this year, chairman Young Liu (劉揚偉) said on Saturday, signifying major progress in the electronics giant’s push into the automotive industry.
Two light vehicles designed using the company’s MIH Open Platform would be unveiled in the fourth quarter, Liu told reporters at the company’s headquarters in New Taipei City’s Tucheng District (土城).
Hon Hai might at the same time also help launch an electric bus, he said.
Hon Hai has been seeking to expand its automotive capabilities at a time when technology companies including
iPhone Assembler Foxconn to Help Launch Electric Cars This Year
Bloomberg 2/20/2021 Debby Wu and Annie Lee
(Bloomberg) Foxconn Technology Group’s new EV platform is expected to help launch vehicles later this year, a company official said, signifying major progress in the Taiwanese electronics giant’s push into the automotive space.
Two light vehicles designed using Foxconn’s platform will be unveiled in the fourth quarter, Chairman Young Liu of Foxconn’s flagship unit Hon Hai Precision Industry Co. told reporters at the company’s headquarters in suburban Taipei on Saturday. The company may also help launch an electric bus around the same time, he said.
Kia Motors Shares Jump After Report Apple to Invest $3.6 Billion
Bloomberg 2/3/2021 Shinhye Kang and Kyunghee Park
(Bloomberg) Kia Motors Corp. jumped as much as 14.5% after a local media report that Apple Inc. will invest 4 trillion won ($3.6 billion) as part of a collaboration with the South Korean carmaker on making electric vehicles.
The iPhone maker plans to set up production with Kia and build Apple cars at the automaker’s facility in Georgia, U.S., DongA Ilbo reported, without citing anyone. The companies may sign a deal on Feb. 17 and aim to introduce Apple cars in 2024, according to the newspaper, which said they have an initial target to produce 100,000 autos a year.
Another Wild Rumor surfaces claiming that Apple and Kia are close to a deal for a US$3.6 Billion Vehicle Plant in Georgia
2021 has certainly started with a bang when it comes to Project Titan rumors. Yesterday a major report broke that Apple had hired Dr. Manfred Harrer, a VP from Porsche AG. If true, it marks a major development in the history of Apple s ambitions of bringing Apple branded electric vehicles to market.
Reports of Apple considering expanding into vehicles have led to speculation on potential manufacturing partners. The technology giant’s car-development work is still at an early stage, and the company will take at least half a decade to launch an autonomous EV, people with knowledge of the efforts have told Bloomberg News.