Special Report: Foxconn's preparedness to redefine EV value chain

Circular Economy

The Taiwanese electronics company is looking to revolutionize the EV manufacturing industry through an open EV hardware and software platform and its vertical integration strategy in key domains such as semiconductor, software, and EV battery

Taiwan-based Foxconn, formally known as Hon Hai Technology Group, is promoting a new electric vehicle (EV) business model that has the potential to drive extensive collaboration in the industry, reduce research and development (R&D) cost, and shorten the development cycle for new EV products.

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