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foxconn

8 stories tagged foxconn on EV Digest.

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Foxconn Acquires 50% Stake in Mitsubishi Electric's Auto Parts Division to Bolster EV Strategy

Foxconn, a major electronics manufacturer, is investing $727 million for a 50% share in Mitsubishi Electric Mobility, the automotive parts subsidiary of Mitsubishi Electric. This move represents Foxconn's largest commitment to date in transitioning its electric vehicle aspirations into a tangible business. While Mitsubishi Electric Mobility primarily produces traditional auto components like alternators and sensors, the acquisition will also grant Foxconn access to its smaller electric powertrain operations.

October 19, 2026·Electrek·Foxconn
Models

Mitsubishi's 2027 ASX VR-e Returns Brand to Australian EV Market with Foxconn Collaboration

Mitsubishi is re-entering the Australian electric vehicle market with the 2027 ASX VR-e, a new model that promises local tuning, official range figures, and an advanced infotainment system. This move signals Mitsubishi's renewed commitment to EVs, with production support from Taiwanese tech giant Foxconn playing a key role in its development. The ASX VR-e aims to be a competitive offering in the growing Australian EV segment.

October 19, 2026·EV Central·Mitsubishi
Models

Saudi Startup Ceer Unveils Striking 'Exobot' EVs, Backed by Foxconn

Saudi Arabia's burgeoning EV market just got a futuristic addition with Ceer, a new domestic startup, revealing its "Exobot" electric vehicles. These dramatically styled models aim to carve out a niche in a region typically known for its oil production, signaling a strategic shift towards EV manufacturing in the Kingdom.

September 22, 2026·The Verge - Transportation·Ceer
Models

Saudi Arabia Unveils Ceer, Its First Domestic EV Brand with Bold Electric SUV

Ceer Automotive, Saudi Arabia's inaugural electric vehicle manufacturer, has launched with an ambitiously styled electric SUV, marking a significant step in the kingdom's Vision 2030 plan to diversify its economy beyond oil. A joint venture between Saudi Arabia's Public Investment Fund (PIF) and Foxconn, Ceer aims to ignite a domestic automotive industry and plans a range of up to seven models for potential global sales by 2030.

September 21, 2026·Autocar (UK)·Ceer
Models

Saudi Arabia Unveils New EV Brand Ceer with Ambitious Production and Global Sales Goals

Saudi Arabia's Public Investment Fund (PIF), in collaboration with Foxconn, has launched Ceer, the kingdom's first domestic EV brand. Part of the Vision 2030 initiative to diversify the economy, Ceer plans to introduce seven distinct EV models by 2030, including a radical SUV and saloon, with aspirations for global sales. This move aims to establish Saudi Arabia as a significant player in the electric vehicle manufacturing sector.

September 21, 2026·Autocar (UK)·Ceer
Models

Saudi Arabia Unveils Ceer, Its First Domestic EV Brand with Radical Designs

Saudi Arabia has officially launched Ceer, its first national electric vehicle manufacturer, showcasing a distinctively styled SUV and coupe as its inaugural models. Backed by the Public Investment Fund (PIF) and partnered with Foxconn, Ceer aims to diversify the kingdom's economy beyond oil and establish a new automotive manufacturing hub in the region.

September 21, 2026·Autocar (UK)·Ceer
Models

Saudi Arabia Unveils Ceer, Its First EV Brand, in Partnership with Foxconn

Saudi Arabia has launched Ceer, the kingdom's inaugural electric vehicle manufacturer, marking a significant step in its ambition to develop a domestic automotive industry. This new venture, a collaboration between Saudi Arabia's Public Investment Fund (PIF) and technology giant Foxconn, plans to produce two distinct EV models for both the domestic market and export.

September 21, 2026·Ars Technica - Cars·Ceer
Market

Foxconn Postpones U.S. EV Crossover Launch Due to Tariffs, Shifts Focus to Europe and Asia

Foxconn has delayed the U.S. introduction of its electric crossover vehicle, the Model B, citing the impact of tariffs and a less-than-ideal market entry timeline. Instead, the Taiwanese manufacturer plans to prioritize its EV production and sales efforts in Poland and Japan for now. This strategic pivot highlights the complex challenges global EV makers face when navigating international trade policies and market readiness.

July 19, 2026·Automotive News (Google News)·Foxconn
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