On May 14, the Union Cabinet of India approved the establishment of one more semiconductor unit under the India Semiconductor Mission. It is a joint venture of HCL and Foxconn. Together, they will set up a plant near Jewar airport in the Yamuna Expressway Industrial Development Authority or YEIDA.
This plant will man

On May 9, it was reported that Sonora Governor Alfonso Durazo met with President Claudia Sheinbaum and executives from Taiwanese tech giant Foxconn to advance new investment opportunities in the state, with a strong focus on electric vehicle (EV) production.
A key outcome of the meeting was the formation of a working

On May 7, Mitsubishi Motors announced that the company and Foxtron Vehicle Technologies Co., Ltd. (hereafter, Foxtron), a subsidiary of Hon Hai Precision Industry Co., Ltd. (Foxconn) responsible for developing electric vehicles, have signed a memorandum of understanding (MOU) to supply Mitsubishi Motors with an elect

On April 23, TAIPEI AMPA 2025, Taiwan's most comprehensive mobility industry show officially opened at Taipei Nangang Exhibition Hall 1, organized by the Taiwan External Trade Development Council (TAITRA) and runs through April 26.
This year’s theme—“Drive Smart, Drive the Future”—brings together 1,000 exhibitors, 2,

Based on SET Announcement dated January 7, 2025, PTT PLC, Thailand announced the shareholder restructuring of Horizon Plus Co., Ltd., a joint venture between Arun Plus and Lin Yin International Investment.
This restructuring is expected to be completed by June 2025, which includes reducing Horizon Plus’s paid-up regi

On January 2, FIH, a subsidiary of Hon Hai Technology Group (Foxconn), announced it will make its CES debut in Las Vegas from January 7 to 10, 2025, showcasing its wide-ranging automotive electronics solutions. FIH leverages its expertise in the ICT industry and hardware-software integration capabilities to help acce

On December 18, Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), partnered with Schuler, a press and dies manufacturer, to supply and install the completely automatic press shop at Ceer Manufacturing Complex (CMC) in the MENA region.
In the partnership, Schuler is sett

Reported on November 23, 2024, PTT PLC has reportedly decided to suspend the construction of an EV manufacturing site in the EEC area of Thailand, a USD 1 billion joint investment between its subsidiary and Foxconn Group.
In 2022, PTT’s wholly owned subsidiary Arun Plus established Horizon Plus Co., Ltd., a joint ven

On November 10, Ceer, Saudi Arabia's first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), signed a partnership with Rimac Technology for the supply of high-performance, fully integrated Electric Drive Systems (EDS) for its upcoming f

On November 6, IAR, a leader in software solutions for embedded development, partnered with SiliconAuto, a 50/50 joint venture between Stellantis N.V. and Hon Hai Technology Group (“Foxconn”), to support the development of automotive chips.
IAR will assist SiliconAuto in automotive chip development using IAR Embedde

Announced on October 18, 2024, Sun Bus Tech Sdn Bhd, a leader in bus and bus body manufacturing and a subsidiary of Sun Wah Group, on October 11, celebrated the grand opening of its advanced manufacturing facility in Senai Airport City, Johor, Malaysia.
Designed to produce over 500 commercial vehicles annually, this

On October 22, Voltaira Group announced its participation at the International Suppliers Fair (IZB) 2024. It will unveil its comprehensive solutions portfolio and highlight its product lifecycle management expertise. The company delivers cutting-edge connectivity system solutions for the next generation of vehicles.

On October 8, 2024, Hon Hai Technology Group (Foxconn) announced two new reference electrified vehicles at the 5th annual Hon Hai Tech Day (HHTD), namely the MODEL D and the MODEL U.
The MODEL D is based on the design concept of LMUV (Lifestyle Multipurpose Utility Vehicle) and combines the advantages found in SUV an