Foxconn , we know, is carrying out a large project to enter in the automotive sector and, in particular, in that of electric cars. The company & agrave; already has signed several collaboration agreements with some manufacturers such as Fisker. Recently, he also bought a factory in America where he will produce; battery-powered vehicles. In recent days, Foxconn also unveiled its first 3 electric models developed through the Foxtron joint venture: Model C, Model E and Model T.
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The technology giant known above all as iPhone manufacturer, is already; planning a further expansion of its activities in the automotive sector. According to a new Reuters report citing Foxconn chairman Liu Young-way, the company & agrave; is already working to build electric cars in Europe, India and Latin America .
The interesting thing is; that it seems that there will be & agrave; a defined & quot; indirect & quot; collaboration with German car manufacturers. Unfortunately, more details are not available. Speaking with reporters at a corporate forum in Taipei, after unveiling his first three electric, Liu Young-way stressed that due to nondisclosure agreements he cannot; add more information.
Apparently, Foxconn will punter & agrave; initially on Europe even if it is not; given to know where to open his factory. As for Latin America, previous rumors spoke of a plant in Mexico . In any case, the company & agrave; will follow an operating model called & quot; BOL & quot ;, that is; & quot; Build, Operate, Localize & quot ;. In practice, they will invest with partners to build and operate factories and then sell to local consumers.
This is very interesting information that demonstrates how the Taiwan electronics giant is getting serious in the automotive sector. One cannot forget that in August, Foxconn bought a chip plant in Taiwan in an effort to meet future demand for automotive semiconductors. All that remains is to wait for further details on this ambitious expansion plan in the automotive sector.
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