Taiwanese company Hon Hai is going to start production of electric cars by 2023

Taiwanese company Hon Hai is going to start production of electric cars by 2023

February 7, 2021 0 By autotimesnews

In February 2020, the Taiwanese company Hon Hai Precision Industry Co., which is known in the world market under the name Foxconn, announced the creation of a joint plant with the Yulon Group car manufacturer to produce electric cars. The MIH open platform was created for the development of electric vehicles. At the moment, 635 different companies are already participating in the project.

According to Focus Taiwan, the delivery of the necessary hardware and software to other automakers will be arranged for the open platform. Deliveries will be launched by the end of April, and the production of electric vehicles is scheduled to begin in two years.

Hon Hai said the electric vehicles will be powered by Android. This will help to enlist support in the global car market. Hon Hai also intends to set up a joint electric vehicle plant with Italian-American automaker Fiat Chrysler. And in the period from 2025 to 2027, the company wants to conquer 10% of the global market for electrified models.

Earlier, “Profile” said that experts from Russia and Belarus can combine their efforts to develop electric cars. The general director of Kamaz Sergey Kogogin said that the parties had already studied all the negative aspects of cooperation and decided to restart relations at all levels, including between factories, concerns and federal industry bodies.