Battery Day, Prime Day, and, now, Technology Day: The calendar is bursting with tech companies’ self-styled holidays.
Who’s behind that last, extremely literal Day? Foxconn, the world’s largest contract electronics manufacturer + a major Apple supplier.
On Friday, Foxconn announced its goal to become the “Android of EVs” and provide components or services to 10% of the world’s electric vehicles by 2027. That’s expected to be 3 million EVs.
There are two tools it’ll use to get there:
- MIH, its new open-source EV platform that can also help manage robotaxis and fleets
- A solid-state battery for EVs by 2024, in partnership with battery manufacturer SES
Powering three million EVs will be about as easy as convincing a Hummer owner to switch to a hybrid—but Foxconn has a plan.
- In January, Foxconn and Fiat Chrysler announced a partnership to develop EVs in China, with Foxconn handling electronics and software.
- On Friday, Foxconn said a partnership with Taiwan carmaker Yulon Group should yield EVs in two years.
Looking ahead: The company will also look into investing in digital health and robotics, reports Reuters, in a push to diversify its revenue drivers.
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