Foxconn -

Smartphone maker Xiaomi will launch five-seater EV next year

Smartphone company Xiaomi is getting into electric vehicles, according to filings released by China's Ministry of Industry and Information Technology (MIIT), which is responsible f...

Daily Shorts: US bolsters power grid with $3.5 bn, Foxconn eyes Indian EV market, and more

The US Department of Energy announced up to $3.5 billion in funding to strengthen the country's electricity grid, releasing the first round of funds from the nation's $10.5 billion...

Foxconn scouts for semiconductor partner after exiting Vedanta JV

Foxconn plans to apply for subsidies under India's Modified Programme for Semiconductors and Display Fab Ecosystem plan. Image: Pexels

Foxconn plans to apply for subsidies under India's semiconductor manufacturing subsidy scheme, the company announced, after exiting a $19.5 billion joint venture with Vedanta. The ...

Foxconn pumps $200mn into Vietnam for EV chargers, components

Foxconn, the company that assembles Apple's iPhone, is investing $200 million in Vietnam to develop components used in electric vehicles (EVs), confirming news of its plans to vent...

US electric truck maker Lordstown files for bankruptcy, sues Foxconn for dues

Lordstown began manufacturing its Endurance electric pick-up trucks from September last year. Image: Lordstown

US electric truck maker Lordstown Motors said it has filed for bankruptcy protection after failing to receive a promised investment from Taiwan's Foxconn, maker of the iPhone. The ...

Stellantis-Foxconn JV 'SiliconAuto' to make semiconductors for automotive industry

Stellantis N.V. and Hon Hai Technology Group (Foxconn) have announced the creation of SiliconAuto - a 50:50 joint venture dedicated to designing and supplying state-of-th...

Sonatus raises 2nd round funding led by Foxconn towards EV software innovation

American automotive software company Sonatus has raised $75 million in a second round of funding. Global technology company Hon Hai Technology Group (Foxconn) led th...

Foxconn’s MIH Consortium unveils Project X – open and agnostic EV modular platform

Open EV ecosystem platform MIH Consortium, initiated by Foxconn, has announced an open and agnostic EV Platform to lower the entry barrier for companies entering the electric vehic...

Vedanta-Foxconn to set up India’s first semiconductor mfg. plant in Gujarat

Mining conglomerate Vedanta and Taiwanese electronics manufacturing giant Foxconn have announced that they will together invest Rs 1.54 lakh crore in setting up India's first semic...

Foxconn to set up EV ecosystem and battery mfg. chain in Kaohsiung, Taiwan

The global sales of electric vehicles (EV) are growing exponentially. To forge Kaohsiung as an important base for the global EV industry, the Kaohsiung City Government teamed up wi...

Tata Tech joins Foxconn-led MIH consortium for sustainable mobility solutions development

Tata Technologies Ltd has announced that it has joined the Foxconn-initiated MIH Consortium to promote the development of sustainable mobility solutions and promote cooperation wit...

Vedanta, Foxconn to establish a JV for manufacturing semiconductors in India

India's leading MNC Vedanta and global electronics giant Foxconn (Hon Hai Technology Group of Taiwan) have signed an MOU recently to form a joint venture company that will manufact...