At its HHTD21 occasion, Foxconn unveiled three electrical automobile prototypes together with two sedans and an electrical bus, in response to a Nikkei report and YouTube video. The firm stated it’s “no longer the new kid in town” relating to EVs, and goals to develop a enterprise value as much as $NT 1 trillion, or round $36 billion per yr.

Foxconn developed the EV prototypes below the Foxtron model in collaboration with Taiwan’s Yulon Motor. The latter has its personal model (Luxgen) and manufactures Nissan and Mitsubishi automobiles for the native market. The prototypes embrace a luxurious sedan, SUV and transit bus, labeled the Model E, Model C and Model T, respectively. 

The automobiles are based mostly on Foxconn’s open software program and {hardware} platform, MIH Consortium. They’re basically designed as kits, serving as reference designs that EV manufacturers can mass produce to their very own specs. 

The Model T bus may hit roads as early as subsequent yr (hopefully below a distinct title), with a projected vary of 400 km and high velocity of 120 km/h (75 MPH). It additionally contains expertise like pedestrian warnings, superior temperature administration and excessive crashworthiness, in response to Taiwan News. 

Foxtron’s Model C is an electrical SUV that shall be out there in Taiwan by 2023 with excessive effectivity and zippy 3.8 second 0-to-62 MPH speeds. It’s anticipated to price beneath $NT 1 million ($35,700), stated Foxconn chairperson Young Liu. The Model E, a luxurious efficiency sedan designed in partnership with Pininfarina, will enter the market at a later, unspecified date. It will provide 750 horsepower and ship a 0-62 MPH time of two.8 seconds, together with a 750 km vary. Yulon shall be among the many first EV makers to make use of the designs, stated chairperson Lilian Chen. 

Foxtron stated it goals to capitalize on a development of manufacturing EVs near the markets the place they’re bought as a way to preserve prices down. The firm plans to construct EV factories within the US, and just lately announced that it will purchase troubled Lordstown’s Ohio manufacturing plant. It goals to fabricate Lordstown’s Endurance pickup truck on the plant, and construct Fisker EVs within the advanced by late 2023. Foxconn stated it will announce particulars of its EV manufacturing plans for Europe quickly.