Text: Understand the original Che Di Li Dezhe
According to the news of the Science and Technology Innovation Board Daily, on May 12, Hon Hai Group and Commercial Electric Light Truck Supplier Lordstown Motors jointly announced that the two sides officially completed the signing of the OEM production and manufacturing agreement and the joint venture development agreement.
Hon Hai acquires North American electric vehicle manufacturing base (Source: Lordstown Motors)
According to a previous announcement, Hon Hai Group signed an asset purchase agreement with Lordstown Motors in November last year. Hon Hai will acquire an existing maternity home in Lordstown Motors, Ohio, USA, and will complete the asset delivery transfer in the future, which has been approved by local regulators.
As Hon Hai's first electric vehicle manufacturing base in North America, it is reported that from the second half of this year, Hon Hai will produce its first electric pickup truck model here and will supply some parts. In the future, it will also be manufactured here for more electric vehicle customers.
Starting in the second half of this year, Hon Hai will produce its first electric pickup truck here (Source: Lordstown Motors)
It is worth mentioning that just a week ago, The well-known foreign whistleblower Leaks ApplePro said that Apple is likely to entrust Hon Hai Group, a long-term partner who assembles iPhones, to be responsible for car production, and the release of Apple cars will still be around 2025, and the positioning will also be in the high-end market of 100,000 US dollars (about 660,000 yuan) and above, directly competing with Tesla's Model S.
However, subsequently, Foxconn, a subsidiary of Hon Hai Group, told the domestic media that it would not comment on market rumors. At that time, the report also said that from the previous actions, Foxconn was constantly increasing investment in the field of automotive foundry to attract Apple's attention.
Apple is likely to entrust Hon Hai Group, a longtime partner that assembles the iPhone, to take charge of car production (Source: Foxconn)
According to Hon Hai Group's plan, by 2025, the company aims to have a market share of 5%. The vehicle production target is 500,000 to 750,000 units, of which the revenue contribution of the complete vehicle OEM is expected to exceed half.
For now, taking down the Lordstown Motors plant may be the first step in its actions.