Foxconn Transforms Automobile Industry with Launch of Open Platform for Electric Vehicles and Announces Pioneering R&D Programs In Taiwan
[Taipei, Taiwan, October 16, 2020] Foxconn Technology Group, a global leader in smart manufacturing, today debuted MIH, its software and hardware open platform for electric vehicles (EV), and introduced EV technologies including the manufacturing of key EV components in the company’s first Foxconn Technology Day held in Syntrend Creative Park in Taipei. This is an important step by Foxconn in the development of the company’s growing EV business and showcases the company’s active engagement in building an ecosystem of EVs in Taiwan and across the world.
“Our vision at Foxconn is to work with leading customers around the world to create an inter-connected world with smart technologies. We do that by providing next-generation technology solutions to our customers and partners, in turn supporting them to provide products with the highest value to their customers,” said Young Liu, Chairman of Foxconn Technology Group, “Foxconn continues to be committed to the research and development of next-generation technologies in new industry sectors, products and manufacturing processes. We founded the Foxconn Research Institute to accelerate the conceptualisation and development of new technologies for businesses, products and manufacturing processes.”
Foxconn’s Open Platform and Key EV Components create a more comprehensive EV ecosystem
Foxconn demonstrates its commitment in the transformation of the traditional automotive industry by implementing the company’s vision of “3+3=∞” which symbolizes the infinite possibilities created by the group’s industrial advancement and emerging technologies, in the launch of its EV hardware and software open platforms and the development of key EV components.
MIH, Foxconn’s “EV software and hardware open platform” tackles the current development pain points of EVs through being “software-defined” – creating software and hardware separation and enabling an open ecosystem. By allowing developers access to key technologies and tools for developing EVs on MIH, Foxconn reduces the entry barriers to the industry, encouraging more companies to be involved in the development of EVs which will result in exponential growth for the industry. Leveraging the MIH platform, automobile manufacturers will be able to develop EVs for different models including Sedans and SUVs, among others. Foxconn aims to position MIH as the “android system of the EV industry” and together with industry partners will work towards the goal of creating a “software-defined” open ecosystem for the EV manufacturing industry.
In addition to launching MIH, Foxconn also showcased its technology and development of key EV components and parts. Foxconn is invested in building the long-term success of the EV industry and has announced plans to debut a commercialized solid-state battery by 2024. The new commercialized solid-state battery that will offer high performance and safety at a low cost will be the solution to the woes of EVs running on liquid-state batteries. Through years of research, Foxconn has developed a unique high intensity die casting material that is strong, highly malleable and resistant to corrosion, allowing Foxconn’s lightweight and modularized open chassis power platform to be a competitive option in the market.
Foxconn announces launch of pioneering technology research programs in Taiwan
At the event, the Foxconn Research Institute also announced ten pioneering technology research and development programs, with the aim of bringing new inspiration to Taiwan’s technological industry and help nurture local talent, with the end goal of contributing towards the economic development in Taiwan. In alignment with Foxconn’s “3+3” strategy for research and development, the ten major programs include building a high computing engine platform, IoT chip design with ultra-low energy consumption, hardware safety mechanism for ECU chips for automobiles, and quantum computers for silicon industry development, among others.
According to research conducted by Boston Consulting Group, the global EV market in 2025 to 2030 will reach 36 million vehicles per year. With the robust semi-conductor and ICT development in Taiwan, Foxconn, along with other industry partners, are committed to making a significant contribution to the growing EV market in Taiwan and around the world.