Taiwanese media stated that Foxconn, the world’s largest iPhone producer, began construction on its first battery cell plant at a site in Kaohsiung. They did so because they wanted to be “not short on material resources” when it comes to making electric vehicles.
The battery supply chain, from raw materials to battery cells and battery packs, would be built locally in Kaohsiung, “says the company,” “reported Nikkei Asia, quoting Foxconn Chairman Young Liu. “For Foxconn’s global EV footprint, the city will serve as a critical base.” “As a matter of fact,
By the end of 2025, Foxconn hopes to have a 5% share of the worldwide EV market. Since last year, a US assembly factory owned by Lordstown Motors in Ohio has been under contract to the Apple supplier for $230 million. A contract manufacturing arrangement for Lordstown Motors’ first product, an all-electric pickup truck named Endurance, has been agreed upon with Foxconn, who will also manufacture the vehicle.
In the meantime, Apple has also recruited Desi Ujkashevic, an experienced executive from Ford, in preparation for the debut of an electric vehicle by the company in 2024. Ujkashevic, who now serves as the global director of safety engineering for Ford, will be joining Apple to assist the company in the development of a completely electric and autonomous vehicle.
The autopilot chip for Apple’s car has been developed in collaboration with a South Korean company by the iPhone maker.