Tuesday, the contract manufacturer
Hon Hai Precision Industry (Taiwan), an
Apple iPhone assembler better known as
Foxconn,
unveiled two prototype electric vehicles at its third annual technology day. Foxconn doesn’t necessarily want to develop and sell the vehicles itself; it wants to show off its prowess developing cars for others to sell.
The Model B is a crossover-size vehicle, while the Model V is an all-terrain pickup truck.
Foxconn has had automotive ambitions for years. The company unveiled an SUV called the Model C in 2021. That car is due to hit roads in 2023. It is being made and sold in partnership with Taiwanese auto maker
Yulon Group.
Foxconn
has also purchased a car assembly plant from
Lordstown Motor and will build
Lordstown’s Endurance pickup truck.
And
Fisker is working with Foxconn to develop and build
Fisker’s second model called
the Pear.
Fisker isn’t building its first vehicle, the Ocean SUV, either.
Magna International (MGA)
is building that car for them.
Magna has years of experience building some lower-volume cars for global automakers.
The Ocean SUV is due on roads in 2023.