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FISKER AND FOXCONN SET TO COLLABORATE ON ELECTRIC VEHICLE PROJECT

Fisker and Foxconn sign Memorandum of Understanding (MOU) in support of global electric vehicle project. Will pioneer a new market segment and deliver industry-first innovations. Vehicle to be jointly developed and sold under the Fisker brand, including through the Fisker Flexee Lease program. Manufactured by Foxconn and destined for multiple global markets. LOS ANGELES / […]

Climate Harm Puts Brakes on Buying Teslas with Bitcoin

Foxconn Seals Manufacturing Deal With Chinese EV Startup Byton

Apple Inc. supplier Foxconn Technology Group signed a strategic cooperation deal with embattled Chinese electric-vehicle startup Byton Ltd. in a transaction that could mark a large bet by the iPhone assembler on the car-making business. The companies, aided by the Nanjing Economic and Technological Development Zone, aim to start mass production of the Byton M-Byte […]

Climate Harm Puts Brakes on Buying Teslas with Bitcoin

Foxconn hitches bumpy ride with electric vehicles

Broadly speaking, contract-manufacturing for electronics is a low-value business: Foxconn’s net profit margin has been shrinking for years, to nearly 2%. HONG KONG : Foxconn is hitching a bumpy ride with electric vehicles. The $39 billion iPhone-assembler, formally known as Hon Hai Precision Industry , wants to diversify by supplying parts for 10% of the […]

Climate Harm Puts Brakes on Buying Teslas with Bitcoin

Fiat Chrysler and Foxconn plan Chinese electric vehicle joint venture

MILAN: Italian-American automaker Fiat Chrysler (FCHA.MI) and the parent of iPhone assembler Foxconn plan to set up a joint venture to build electric cars and develop internet-connected vehicles, the two groups said. Fiat Chrysler (FCA) confirmed on Friday it was in talks with Hon Hai (2317.TW) on the potential creation of a 50-50 joint venture […]

Climate Harm Puts Brakes on Buying Teslas with Bitcoin

SoftBank denies exiting renewable energy JV with Bharti Enterprises, Foxconn

Following the Indian Prime Minister’s 100GW solar and 60GW wind target by 2022, the venture will invest in and develop renewable energy plants across India, SoftBank had said. SoftBank, which had announced forming a joint venture (JV) for renewable energy with Airtel’s parent Bharti Enterprises and Taiwan-based iPhone manufacturer Foxconn in 2015 — SBG Cleantech, […]

Sungrow to Construct Malawi’s First Solar Plus Storage Project

Japan cautions Andhra Pradesh against reworking green power pacts

The ambassador’s missive to Jaganmohan Reddy comes on the heels of similar letters from power minister RK Singh. BENGALURU: Japan has cautioned the Andhra Pradesh chief minister that the state’s efforts to cut renewable energy tariffs by reviewing signed-and-sealed contracts has unnerved foreign investors and damaged the business environment. India’s renewable energy sector has seen […]

Sungrow to Construct Malawi’s First Solar Plus Storage Project