EV Update Media – Electric Vehicles and Battery Industry News & Updates

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

#Foxconn

PTI Foxconn, Stellantis Joint Venture Establishes R&D for Automotive Semiconductors Tech in India

SiliconAuto, a JV between Stellantis and Foxconn, has established its R&D centre in Bengaluru that will look at semiconductor product design and system on chip development for the auto sector, PTI noted. SiliconAuto CEO Gene Liu noted in a statement…

Foxconn Considers India For EV Manufacturing Hub, Targets 5-7 Lakh EVs By 2025

Foxconn is also aiming to establish a compound semiconductor fabrication plant in India, focusing on gallium nitride and silicon carbide chips.  Foxconn Technology Group, the world’s foremost contract electronics manufacturer, is actively considering India as its third worldwide hub for…

Foxconn Electric Vehicle Venture Eyeing India Or Thailand For New Small Car Facility

Taiwanese company Foxconn’s venture attempting to make a standardised electric vehicle platform is eyeing India or Thailand for the production of a small battery-powered car under development, the unit’s chief executive told Reuters. According to the report, the firm’s EV…

Foxconn Plans To Pivot From IPhones To EVs Amid Rising US-China Tensions

When people hear the name Foxconn, they often think of factories in mainland China producing US-designed iPhones. However, as tensions between the two countries become increasingly volatile, the company is plotting a course to manufacture electric vehicles in facilities outside…

Foxconn Plans To Set Up EV Production Line In India

Taiwanese contract manufacturer Foxconn has said in its latest annual report that it plans to set up a production line for two-wheeled electric vehicles (EVs) in India. The company intends to use the facility to cater to EV demand across…

Fisker Will Make EVs In India With Foxconn By 2024

Henrik Fisker’s Fisker Automotive will be making electric cars in India in partnership with its manufacturing partner Foxconn. Foxconn which already has a huge presence in India as it is the contract manufacturer for Xiaomi and Apple recently has made…

Foxconn Invests $36 Million In EV Partnership With Gigasolar

Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone maker, said the investment via a private placement through a Taiwan-based subsidiary will make…

Foxconn To Partner With PTT On Electric-Vehicle Production In Thailand

Foxconn Technology Group and Thailand’s state-owned oil company PTT PCL will set up an open platform for electric-vehicles production in the country, with an aim of accelerating the industry’s growth. The companies have signed a memorandum of understanding to enter…

Foxconn And Vietnam’s VinFast Explore Partnership, Talks Focus On Batteries, EV Parts

Vietnam’s largest conglomerate Vingroup said its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts. Foxconn has proposed acquiring EV production lines…

Geely And Foxconn Form Partnership To Build Cars For Other Automakers

Taiwan’s Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers. They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV)…