Mobile-Menu

Electromobility Foxconn: Expandanding from Supplier to Full-Fledged Automaker?

From Henrik Bork | Translated by AI 3 min Reading Time

Related Vendors

Asia Waypoint
FAULHABER Drive Systems
Taiwan Machine Tool & Accessory Builders' Association (TMBA)
Wuxi InfiMotion Technology Co., Ltd.

Foxconn has been making strides in electric vehicle production for years, but it's not working alone. Increasingly, suppliers and electronics companies are venturing into the production of complete car models, which could present new competition for traditional automakers. These companies leverage their expertise in electronics and supply chains to tap into the rapidly growing EV market, reshaping industry dynamics and potentially disrupting established players.

The "Model D" is one of two new models from Foxconn's subsidiary, Foxtron.(Image: Foxconn)
The "Model D" is one of two new models from Foxconn's subsidiary, Foxtron.
(Image: Foxconn)

Foxconn does not want to be an OEM in the automotive industry, but it is building more and more complete electric vehicles. At its recent "Tech Day" in Taiwan, the company unveiled two new models: a seven-seater electric MPV called "Model D" and a 21-seater electric bus called "Model U."

Related content