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Foxconn to Enlist 100 Japanese Firms in EV Drive – Nikkei

Toyota supplier Denso and Asahi Kasei among those said to be on board


Foxconn
Foxconn plans to offer basic software and chassis designs for carmakers. Photo: Reuters

 

About 100 Japanese companies are expected to participate in the joint development of electric vehicles being spearheaded by Taiwan’s Foxconn, including suppliers close to Toyota Motor, suggesting that the project will have a significant impact on the broader auto industry, Nikkei reported.

As of early March, approximately 2,200 companies intended to participate in the project led by the world’s largest contract electronics manufacturer, as compared with last April when the program was launched, the total number of companies has increased by 70% while the number of Japanese companies has increased fivefold.

 

Read the full report: Nikkei

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.