Apple Supplier Foxconn Eager to Break Into Electric Vehicle Manufacturing

Apple supplier Foxconn is making a major push into electric vehicle manufacturing and has long been aiming to get into the vehicle market, according to a new profile of Foxconn's car ambitions that was shared by Nikkei.

Apple car wheel icon feature purple
"If we can make iPhones, why can't we make EVs?" Foxconn founder and former chairman Terry Gou said in an internal meeting. "It is an iPhone with four wheels."

Foxconn has been pursuing electric vehicles since 2014 when there was an "A-Fu Initiative" to build an electric vehicle prototype. That project ultimately folded because of the complexity of creating a car, but Foxconn is once again building up a vehicle supply chain with plans to get into EV manufacturing.

Gou's successor Young Liu is aiming to have Foxconn designs, components, and mechanical parts or software inside five percent of electric vehicles by 2025, and Foxconn is building factories in the U.S. and Thailand for car assembly.

Apple too is making inroads into car manufacturing with its long running "Project Titan," and though the project has evolved and shifted over the years, rumors suggest that Apple is working on creating a full electric vehicle that could come out by 2028.

Foxconn subsidiaries already supply parts to companies like Tesla and BMW, and Foxconn has signed vehicle supply deals with Fiat and Chrysler owner Stellantis and is working with Geely to develop software platforms and whole vehicles. It is also planning to manufacture vehicles for Fisker.

As Foxconn is already a major Apple supplier, Foxconn could play a key role in Apple's future vehicle plans. According to Nikkei, Foxconn is assumed to be a candidate to produce Apple Cars.

Rumors have suggested that Apple is pursuing manufacturing partners and talking with multiple companies at the current time, though there's no concrete word yet on the companies that Apple will end up working with for the Apple Car.

Tag: Foxconn

Top Rated Comments

robjulo Avatar
10 weeks ago
"It is an iPhone ('https://www.macrumors.com/guide/iphone/') with four wheels."

Yeah...sure it is Terry.
Score: 10 Votes (Like | Disagree)
Analog Kid Avatar
10 weeks ago
Meanwhile GM announced they‘re entering the smartphone business, because an iPhone is basically just a Buick without the wheels…
Score: 8 Votes (Like | Disagree)
lazyrighteye Avatar
10 weeks ago
Not to be confused with Henry Ford's famous quote "a car is pretty much a horse with a steering wheel."
Score: 8 Votes (Like | Disagree)
funman895 Avatar
10 weeks ago
“How hard could it be?”

Famous last words
Score: 7 Votes (Like | Disagree)
Wildkraut Avatar
10 weeks ago

Not to be confused with Henry Ford's famous quote "a car is pretty much a horse with a steering wheel."
Quote reinvented: An iCar is an Apple Watch with four digital crowns.
Score: 7 Votes (Like | Disagree)
SFjohn Avatar
10 weeks ago
I remain optimistic about an Apple Car whenever it’s released. A driverless vehicle that is comfortable and functional inside. I think Apple can solve things like motion sickness, work & entertainment inside a car that I don’t think anyone is really working on. Plus it will be the safest car on the road. All this with a beautiful design inside & out. Perhaps they won’t be sold, but be released in cities as a service. Who knows? I still believe Apple is capable of surprising us with great new ideas.
Score: 5 Votes (Like | Disagree)

Related Stories

bloomberg lordstown

Apple Supplier Foxconn Agrees to Buy Ohio Car Factory for $230 Million

Friday October 1, 2021 4:27 am PDT by
Apple supplier Foxconn has agreed to buy a former General Motors factory in Ohio, a move that potentially puts it in a better position to assemble cars for Apple, should the tech giant choose to formally enter the automotive sector in the future (via Bloomberg). Image credit: Dustin Franz/Bloomberg The purchase is part of a $280 million deal Foxconn has agreed with embattled automaker...
Foxconn Office

Apple Supplier Foxconn to Begin Building Electric Vehicle Factory in the U.S. Next Year

Thursday August 12, 2021 4:59 am PDT by
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. From the report: Foxconn, the world's largest contract electronics producer, on Thursday said it will build electric vehicle manufacturing facilities...
Apple car wheel icon feature purple

Apple Car Battery Talks Stall in Another Blow to Electric Vehicle Project

Friday October 22, 2021 6:49 am PDT by
Apple's negotiations with the Chinese companies CATL and BYD about supplying batteries for its rumored electric vehicle have mostly stalled, Reuters reports. According to three individuals said to have knowledge of the discussions between Apple and the Chinese firms, the talks reached an impasse when CATL and BYD refused to set up teams dedicated to Apple and manufacturing plants in the...
applelexusselfdriving1

Apple Self-Driving Car Needed a Realignment After Clipping Curb in Autonomous Mode

Tuesday October 12, 2021 10:52 am PDT by
One of Apple's self-driving test vehicles was involved in a minor incident on September 27, according to a filing made with the California DMV [PDF]. The self-driving vehicle, which was operating in autonomous mode at the time, clipped a curb while going 13 miles per hour. There was no damage reported, but the car did require a realignment.A test vehicle, operating in autonomous mode in...
foxconniphone12

Profit Margin Tensions Souring Relationship Between Apple and Foxconn

Tuesday October 27, 2020 11:48 am PDT by
The relationship between longtime partners Apple and Foxconn is eroding due to a battle over profit margins, according to a new report from The Information. While Apple's gross profit margins are close to 40 percent, Foxconn's profit margins are in the single-digit percentage points, leading Foxconn to employ questionable tactics in an effort to grow its profits. For manufacturing projects,...
Apple car wheel icon feature purple

Apple Reportedly in Talks With Toyota About Apple Car Production Starting 2024

Thursday September 2, 2021 4:33 am PDT by
Apple is rumored to be in Asia visiting Toyota as it prepares to lay the supplier groundwork to mass produce a branded car by 2024, according to a new report by DigiTimes. Apple representatives were said to have met with South Korea's SK Group and LG Electronics last month to discuss Apple Car development, and now Japan's Toyota is being touted as its next potential destination. Apple...
Apple car wheel icon feature yellow

Report: Apple Chose to Develop Apple Car Alone to Avoid Further Delays, Currently Selecting Suppliers

Thursday September 9, 2021 5:24 am PDT by
Apple is developing its electric vehicle independently without the assistance of another automaker and is currently selecting final parts suppliers, according to sources said to be familiar with Apple's plans speaking to Korea's Maeil Economic Daily. In line with a previous report from Reuters, the report explains that the company has had its own automobile hardware research and development...
apple park drone june 2018 2

Apple Hires Two Former Mercedes Engineers to Join Special Projects Group as Apple Car Rumors Increase

Friday September 3, 2021 9:25 am PDT by
Apple has hired two former Mercedes engineers to join the company, likely as part of its effort to continue to build out its internal workforce as the development of an "Apple Car" continues. The leading new hire previously worked at Mercedes, focusing on mass production of vehicles, vehicle steering, dynamics, and software and project management. The hire, now working as a product design...
Untitled

Foxconn Offers 'Record-High' Bonuses to Recruit Workers for iPhone 13 Assembly

Tuesday June 22, 2021 7:29 am PDT by
Apple's largest manufacturing partner Foxconn is offering "record-high" signing bonuses in an effort to recruit workers for iPhone 13 production over the next few months, according to the South China Morning Post. ‌iPhone 13‌ Pro in Matte Black render via EverythingApplePro The report claims Foxconn is offering up to 8,000 yuan ($1,235) as a signing bonus to former workers willing to return...
genesis gv70 nfc key

Apple Preparing to Support Digital Car Keys for Genesis Vehicles

Tuesday September 21, 2021 2:45 pm PDT by
Last year, Apple debuted support for digital car keys, which let users lock, unlock, and start their vehicles using a pass stored in the Wallet app on the iPhone. And with iOS 15, there's now Ultra Wideband support on the iPhone 11 and later that will let the feature work without having to remove your iPhone from your pocket. Car manufacturers need to add the NFC technology to their vehicles ...