Foxconn, the Apple iPhone assembler, is adding EV manufacturing to its capabilities. The Taiwanese company has revealed the Tesla Model Y challenger. The car, the Foxtron Model B, will have a full reveal on October 18th.
The Model B is based on Foxconn’s proprietary MiH (Mobility in Harmony) EV platform. The company’s ambition is for the platform to become the Android of automobiles.
While we await more details on the 18th, Foxconn will manufacture the car at the Ohio car formerly owned by Lordstown/GM. The facility has a 500,000 per annual capacity and will manufacture on behalf of other companies, including Fisker Inc.
Foxconn will make some Model B in China next year before production begins in the US in 2024. The electronics juggernaut signed an agreement to make EVs and EV parts in Thailand last year.
The Model B, which received design input from Pininfarina, is a mix between a hatchback and a crossover. Foxconn has two other models designed by Pininfarina; Model C and Model E, both based on the MiH platform. The former is an SUV, while the latter is a sedan.
Foxconn hopes to command 5 percent of the EV market by 2025, despite being at zero currently.