Foxconn announces electric vehicles venture Business 360

Smartphone producer Foxconn announces electric vehicle venture

  • Global flagship models with high-performance officially unveiled

Hon Hai Technology Group (Foxconn), a Taiwanese company that manufactures smartphones for Apple Inc and other global brands, today announced plans to produce electric vehicles (EVs) — Model C recreational vehicle, Model E sedan and Model T electric bus.

The announcement was made during the livestreamed Hon Hai Tech Day 2021 (HHTD21) event, underlining Hon Hai’s commitment to become a global next-generation automotive manufacturer.

Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets. The clients can modify their appearance and features for their markets, as per the press statement issued by Foxconn.

Foxconn, also known as Hon Hai Precision Industry Co, enters a crowded global market with electrics being offered by almost every established automaker and dozens of ambitious startups.

The flagship Model E sedan, developed with Italian design house Pininfarina, is due to be launched in 2023, the company has stated. It said the Model E will seat five and have a range of 750 kilometres (470 miles) on one charge.

The automakers Fisker Inc and Taiwan’s Yulong Group are the chief clients.

Foxconn said its first electric bus, the Model T, will have a range of fewer than 400 kilometres (250 miles) on one charge.


Unveiling three electric vehicle model

Model C

The Model C is the first model built on Hon Hai’s electric vehicle open platform and is positioned as the intrinsically optimised electric SUV with pure electric nature. The Model C’s four core features are shape, space, power and energy consumption. Its design does not only have a minimalist appearance, but it has also significantly minimised the spaces used for mechanical components while maximising seating space.

The Model C, which is 4.64-metre long with a wheelbase of 2.86 metres, offers comfortable seating for 5+2 people and plenty of storage space, making it easy to navigate crowded metro areas while still enjoying the luxury of a larger car.

The Model C, with a low 0.27 drag coefficient, accelerates from 0 to 100 km in 3.8 seconds and delivers an extended range of 700km. Thanks to the open platform sharing advantages, consumers can have a pure electric SUV with high performance, high efficiency, high intelligence, low energy consumption and large space at a reasonable price comparable to a fuel-powered car.


Model E

The Model E, jointly developed by Hon Hai and Italian design firm Pininfarina, is a technologically innovative luxury flagship sedan that can meet the needs of middle and high-end consumers. At the same time, it is also the high-quality first choice for businesses. The rear seat space can transform into a dedicated mobile office, with personal mobile devices seamlessly connected to the passenger car, enabling a series of smart applications such as face recognition door opening, smart windows and vehicle and environment interfaces.

In addition to luxury and comfort, the Model E, with high performance and advanced dynamic control technology, delivers a power output of about 750 horsepower and achieves 0 to 100 km acceleration in a staggering 2.8 seconds, better than comparable models in the market and almost at the pace of a Formula One racing car. The Model E also has a 750km range to address the range anxiety of most electric car users.


Model T

Positioned as an intelligent transportation solution, the Model T is a stylish urban bus. Its high rigid body design and protection meet the Federal Transit Administration (FTA) regulations and standards. In addition, the Model T has completed 200,000km of acceleration endurance test and more than 1,000 hours of rigid strength tests at the Automotive Research & Testing Center (ARTC) Testing, ensuring the safety of drivers and passengers alike.

In terms of energy consumption and endurance, the Model T’s battery can withstand temperatures of up to 400 degrees, across a range of more than 400 kilometres. Under full load conditions, the maximum climbing capacity can reach 25%, and the maximum speed can reach 120 kilometres per hour, providing drivers with a relaxed and smooth driving experience, whilst allowing passengers a comfortable and safe journey.

Chi-Sen Tso, Vice Chairman of Foxtron, concluded the morning session of the HHTD21 and expressed that in the past year, Hon Hai had made significant achievements in electric vehicle development that included strategic partnership alliances, critical technology research and development as well as the expansion of a global production network. In the coming five years, in line with its strategic vision, the establishment of the global network together with the accumulated knowledge, electric vehicles will become another Hon Hai trillion (TWD) dollar business.

Hon Hai will soon be able to share the progression of its 3+3 vision and provide more details around new initiatives such as the launch of a software smart gateway, smart cockpit and smart driving, transforming itself into a software-driven enterprise for the future.

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