presented, including reduction of the number of its plants and the outlook for its production volume. Some attendees voiced their disappointment by saying, for example, that, “There was nothing new.” Concerning the possibility of Nissan’s cooperation with Hon Hai Precision Industry Co., Ltd. (Foxconn), which was revealed just before the meeting, an attendee positively voiced that, “It would be great if the work at the Oppama Plant and oth...

News  Updated at: 2025/07/11

Talks between Nissan and Foxconn about collaboration cause concerns and expectations among parts suppliers Regarding collaboration between Nissan Motor Co., Ltd. (Nissan) and Hon Hai Precision Industry Co. Ltd. (Foxconn), many Japanese automotive suppliers seem to be cautious to determine the situation, rather than showing expectations and welcoming feedback. In relation to reducing costs and development cycles, there is a sense of alert about th...

News  Updated at: 2025/07/08

Nissan denies report of collaboration with Foxconn and retaining plant under consideration of shutdown On July 6, Nissan released a statement denying Nikkei’s report that the company is in talks with Hon Hai Precision Industry Co., Ltd. (Foxconn) for collaboration on EV production at the Oppama plant, reported to be under consideration of shutdown. Nissan, in its statement, clarified that the report was not based on any official announcement fr...

News  Updated at: 2025/07/07

Elektrobit to jointly develop AI-centric platform for SDVs with Foxconn Elektrobit Automotive GmbH (Elektrobit) announced that it has entered into an agreement with Hon Hai Technology Group (Foxconn) to jointly develop EV.OS, a platform that helps to develop software for software-defined vehicles (SDVs) using artificial intelligence (AI). The two companies will jointly develop an SDV software development platform that includes a reference electri...

News  Updated at: 2025/07/07

Foxtron’s Model B electric SUV approved for sale, with launch expected in Q4 On June 25, Foxtron Vehicle Technologies Co., Ltd. (Foxtron), a joint venture between Foxconn and Yulon Group, held a Q1 2025 explanation session to announce that its Model B battery electric SUV has been approved for sale by the government, with launch expected in Q4. The Model B is a B-class battery electric model designed by Pininfarina, a renowned Italian design co...

News  Updated at: 2025/07/02

Mitsubishi Fuso Truck and Bus to outsource production of electric buses to Hon Hai It was reported that Mitsubishi Fuso Truck and Bus Corporation (Mitsubishi Fuso Truck and Bus) is considering outsourcing production of electric buses to Taiwanese Hon Hai Precision Industry Co. Ltd. (Foxconn). The company may be considering an introduction of electric buses to the Japanese market. Mitsubishi Fuso Truck and Bus will become the second Japanese autom...

News  Updated at: 2025/06/27

Elektrobit partners with Foxconn to develop EV.OS, AI-centric software platform for SDVs Continental's wholly-owned subsidiary Elektrobit Automotive GmbH (Elektrobit) has signed a joint development agreement with Hon Hai Technology Group (Foxconn) to co-develop EV.OS, a flexible and AI-centric software platform designed to accelerate the shift towards software-defined electric vehicles (SDVs). By combining Elektrobit’s expertise in automotive s...

News  Updated at: 2025/06/26

Hon Hai indicates EV supply to Japanese automaker besides Mitsubishi Motors On May 28, a general meeting of shareholders of Taiwan-based Hon Hai Precision Industry Co., Ltd. (Foxconn) was held. Hon Hai’s Chairman, Young Liu, outlined his views on the company’s supply of electric vehicles (EVs) to Japanese automakers by saying that, “We can announce the second partner following Mitsubishi Motors Corporation soon.” Hon Hai is concentrating ...

News  Updated at: 2025/06/02

Indian Government approves semiconductor JV of HCL and Foxconn 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 manufacture display driver chips for mobile phones, laptops, automobiles...

News  Updated at: 2025/05/14

Foxconn analyzing installation of EV plant in Mexico 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 group to evaluate strategic projects, including the potential installation of ...

News  Updated at: 2025/05/13

Mitsubishi Motors and Foxtron sign MOU for OEM supply of EV 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 electric vehicle (EV) model developed by Foxtron and have decided to proceed ...

News  Updated at: 2025/05/07

Sharp to sell semiconductor business to Foxconn by September Sharp Corporation (Sharp) announced that it will sell its semiconductor business to Taiwanese Hon Hai Precision Industry Co. Ltd. (Foxconn), its parent company, by September. The sale is part of its business reorganization, and the price will be JPY 15.5 billion. Sharp Fukuyama Laser Co., Ltd. (Fukuyama City, Hiroshima Prefecture), its subsidiary that develops and produces products such...

News  Updated at: 2025/04/25

International Automotive and Motorcycle Parts & Accessories Exhibition) AUTOTRONICS TAIPEI (Taipei International Automotive Electronics Show) EV/E-MOBILITY TAIWAN (Taiwan International Smart Mobility Trade Fair Hybrid Exhibition) Among the exhibitors, Taiwan's Hon Hai Precision Industry Co., Ltd. (Foxconn) exhibited products related to its platform for EVs, including the C-segment electric SUV MODEL B and the MODEL C North American version, as w...

News  Updated at: 2025/04/24

NVIDIA begins manufacturing Blackwell chips with TSMC in Arizona On April 14, NVIDIA announced that its Blackwell chips have begun production at a factory operated in partnership with TSMC in Phoenix, Arizona, while it also continues to work on the construction of two future factories to be operated in Texas, in partnership with Foxconn in Houston and Wistron in Dallas. Mass production at both plants is expected to ramp up in the next 12-15 month...

News  Updated at: 2025/04/15

Chairman of Hon Hai: Hon Hai to complete contract signing with Japanese automaker soon At a briefing on financial results for the fiscal year ended December 31, 2024, which was held online on March 14, Young Liu, Chairman of Taiwan-based Hon Hai Precision Industry Co., Ltd. (Foxconn), commented on its consignment operations for the design and production of electric vehicles (EV) by saying that, “Contract signing with a Japanese automaker is exp...

News  Updated at: 2025/03/17

FOXCONN and major tech companies getting attention after Nissan and Honda end merger talks With Honda Motor Co., Ltd. (Honda) and Nissan Motor Co., Ltd (Nissan) deciding to suspend discussions about integration, attention is turning to Taiwanese Hon Hai Precision Industry Co. Ltd. (FOXCONN), which is exploring a partnership with Nissan-Renault. In an interview by local media on February 12, FOXCONN’s Chairman Young Liu stated that the company...

News  Updated at: 2025/02/14

CES 2025: Foxconn’s FIH makes its debut with diverse automotive electronics solutions 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 accelerate the advancement of the automotive ind...

News  Updated at: 2025/01/03

PTT to reportedly suspend investment in JV with Foxconn for EV manufacturing in Thailand 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 venture company with Lin Yin International I...

News  Updated at: 2024/11/26

Ceer, Saudi Arabia partners with Rimac, Croatia for advanced electric drive systems 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 flagship range of EVs.  Ceer will be the firs...

News  Updated at: 2024/11/11

IAR, Sweden partners with SiliconAuto, Netherlands to support automotive chip development 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 Embedded Workbench for Arm, along with the C-...

News  Updated at: 2024/11/06