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Foxconn has announced that it will contract manufacture electric cars and build prototypes for INDIEV in Ohio

via:新浪科技     time:2022/10/8 6:01:11     readed:101

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Oct 7 - Foxconn, which does most of its business making technology products for third-party companies, appears to be planning to apply the same model to its new carmaking business.

Foxconn has now announced an agreement with Los Angeles-based electric vehicle startup INDIEV (founded in 2017) to build a prototype for its first production car at its recently acquired plant in Ohio (formerly General Motors' Lordstown facility).

The two companies have formally signed a memorandum of understanding to build a vehicle called "Indi One" in Ohio (announced in October 2021), and the partnership will likely also extend to future models and actual full-scale production. The agreement only involves the manufacture of prototypes needed for testing, not mass production of finished models.

The Indi One prototype, equipped with a large 95-kilowatt-hour battery pack, is expected to have a range of 275 miles (442 kilometers) and accelerate to 60 miles in 5.5 seconds, according to public documents. IT House has learned that IT is targeting a proposed price of about $45,000 for the Tesla Model 3.

"Our memorandum of understanding with INDIEV marks the beginning of more discussions about the future of electric vehicle manufacturing in Ohio," said Jerry Hsiao, Foxconn's chief product officer. Throughout this process, Foxconn has had confidence in its Ohio employees to build high-quality prototypes that will help INDIEV succeed in the future.

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