With its fast acceleration and long range car models, Foxconn IT is entering the electric car market.
During the annual Hon Hai Technology Day Monday, Apple’s Foxconn suppliers, also known as Hon Hai Technology Group, launched plans to produce three models of electric vehicles.
At a conference on Monday, the Taiwanese tech company announced that it will come with an SUV, called the Model C, a Model E sedan and a bus called the Model T. All three models will be called the “Foxtron” brand name.
With three models of electric cars in production, part of the ambition is to establish itself as a big fish in the auto industry, according to reports. the edge.
Our biggest challenge is that we don’t know how to make cars, Foxcoon Chairman Yong Liu said at the conference, according to the website.
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Big bets
Despite moving into uncharted waters, Leo and Foxconn’s ambitions are big.
The Model C has an acceleration from 0-100 km/h in just 3.8 seconds and a range of at least 64 miles.
The E sedan is planned to be faster and have a range of more than 700 kilometers on a single charge. The model was designed by the Italian company Pininfarina. The Italian automaker is known for its customization of well-known brands such as Ferrari, Jaguar and Maserati.
Investing in an electric car is part of the plans to move away from saving phones, computers, and other electronic software.
Liu stated that he envisions Foxtron will represent a percentage of the world’s electric vehicle production from 2025 onwards.
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Giant sales target
The electric bus, the Model T, will go on the roads in Taiwan early next year. The bus has a maximum speed of 120 km/h and a range of up to 40 miles.
According to the plan, C and E passenger cars will follow. First the SUV model in 2023 and then the sedan.
Foxtron Vice President Tsou Chi-sen told a conference on Monday that they will deliver around 300 billion kronor within five years, according to the British newspaper, The Guardian. PS today.
Foxconn will produce its own cars and for others. At the same time, they aim to become a major subcontractor of electric vehicle components.
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