Foxconn, one of Apple's largest suppliers, has said it will begin construction of all-electric vehicle plants in the United States and Thailand this year, with hopes of them being operational by 2023, according to a report from Nikkei Asia.
Foxconn, the world's largest contract electronics producer, on Thursday said it will build electric vehicle manufacturing facilities in the U.S. and Thailand next year, as the key iPhone assembler accelerates efforts to catch the rising EV wave to offset the slowing smartphone industry.
Foxconn has already ruled out Mexico as a location but is in negotiations with three states in the U.S. to build its first EV manufacturing plant in North America, Nikkei Asia has learned. Those include Wisconsin, which just agreed with Foxconn to amend its former plan of investing $10 billion in the state -- a promise Foxconn made in 2017.
At first, Foxconn will use the U.S. plant to build vehicles for its client Fisker, although there could be a potential expansion to serve Apple in the future.
Apple is widely reported to be working on its own vehicle and is thought to be looking for third-party companies to help it launch the Apple Car. One report vaguely referenced Foxconn as a potential candidate for the Apple Car's production, but Apple is also looking at other possible suppliers. Apple is reportedly committed to ensuring that the battery used in the Apple Car is produced in the United States, but Foxconn does not produce batteries.
The iPhone 16 Pro and iPhone 16 Pro Max are rumored to feature bigger battery capacities compared to previous-generation models, but it looks like the smaller iPhone 16 Pro device could see the biggest improvement, according to new details. Chinese Weibo-based leaker Instant Digital today posted the mAh (milliampere-hours) figures for the iPhone 16 Pro (3,577 mAh) and iPhone 16 Pro Max...
Apple will update its MacBook Pro, Mac mini, and iMac lines with its latest M4 chip later this year, according to Bloomberg reporter Mark Gurman. Writing in his latest Power On newsletter, Gurman said Apple is preparing to upgrade every Mac to the new Apple silicon processor generation. Following the launch of the M4 iPad Pro in May, Apple will continue the M4 transition with the above...
With the fifth beta of iOS 18 that came out today, Apple added some notable new features, even though it's getting later in the beta testing process. There are design updates to the Photos app and a whole new Safari option, along with several smaller changes. Photos App Changes Apple responded to tester feedback about the Photos app, and there have been some changes to streamline the...
iPhone and Apple Watch users in California will soon be able to add their digital ID and driver's license to the Wallet app, based on the discovery of landing pages on the state government DMV website explaining the feature to consumers. "Now you can add your California driver's license or state ID to Apple Wallet on iPhone and Apple Watch so you can present it easily and securely in person...
Like has been mentioned above Foxconn already said they would build a factory here years ago and never did, and if they decide to do this the iCar is going be double the cost of a Tesla.. I don’t see it .. just my opinion.
The campus that Foxxcon built in Wisconsin is impressive, even if it’s an empty shell. It’s in a perfect location for vehicle production given the close proximity to countless ancillary vehicle and industrial manufacturers, but the State of Wisconsin has a law that forbids direct vehicle sales, so it’s going to kill off the potential to build there, just to satisfy the dealership network. In my opinion, these old dealership laws are going to bite dealers in the butt, because times have changed and auto manufacturers are going to have to have a direct to consumer model as part of their business plan. The fact that Ford is realizing they need to shift to a build to order model, along with the shift to electric, is going to be more nails in the coffin for old-school dealerships.
State of Wisconsin has a law that forbids direct vehicle sales, so it’s going to kill off the potential to build there, just to satisfy the dealership network. In my opinion, these old dealership laws are going to bite dealers in the butt, because times have changed and auto manufacturers are going to have to have a direct to consumer model as part of their business plan.
Right?! And seriously, we’re talking about probably the most detested of all sales people. I know no one who stands around and says “Man, I really can’t wait to talk to the car salesman this weekend!” People will jump at the opportunity to buy direct.
(No offense to any car salesmen here — I’ve met a few who are lovely people)