iPhone Manufacturer Enters Electric Vehicle Industry Aiming to Produce 250,000 Affordable Electric Cars Per Year

Written by Valdemar Medeiros

Published on 24/05/2021 at 14:37

Updated on 24/05/2021 at 15:21

Fábrica da Foxconn em Shenzhen: (Voishmel/AFP Photo/)

Be the first to react!

The Taiwanese Foxconn, Responsible for Manufacturing the iPhone, Consoles, and Various Electronic Parts, Has Closed a Partnership with Fisker to Enter the Electric Car Industry

The iPhone manufacturer, Foxconn, has partnered with Fisker, a U.S. company, to enter the automotive industry and create a new popular electric car that will cost up to 30 thousand dollars (US$ 30,000). According to Foxconn and Fisker, forecasts are for the production of 150,000 units by the end of 2023 and, for the following years, production of electric cars could rise to 250,000 units.

The Development of Electric Cars by the iPhone Manufacturer

All development for Foxconn’s entry into the electric car industry will be the responsibility of Fisker, which has previously worked with BMW, Ford, and Aston Martin. However, the manufacturing of the electric cars will take place in the United States, by the iPhone manufacturer. In addition to North America, Project Pear is expected to reach Europe, India, and China, marking the Taiwanese entry into the automotive industry.

ARTICLE CONTINUES BELOW

The Coordination of Operations

To coordinate operations between Taiwan and the United States, the iPhone manufacturer has created a joint office to handle engineering, manufacturing, and procurement.

According to Fisker, Project Pear promises to rethink the electric car regarding design, user connectivity, proportions, and features. It is worth noting that Fisker was one of the first electric car startups to go public through a reverse merger, when publicly traded companies are acquired by private companies to evade the IPO.

Get to Know Foxconn

As one of the largest electronic component manufacturers in the world, Foxconn produces various integrated circuits and is also known for developing parts for Apple’s iPhones and iPads, game consoles such as PlayStation 3, Xbox 360, and Nintendo Wii.

The company was founded in 1974, headquartered in Taiwan. In Brazil, it has production lines and factories in the cities of Manaus, Jundiaí, Indaiatuba, Santa Rita do Sapucaí, and Sorocaba. Additionally, it employs nearly a million workers worldwide.

iPhone Manufacturer Enters Electric Vehicle Industry Aiming to Produce 250,000 Affordable Electric Cars Per Year

The Taiwanese Foxconn, Responsible for Manufacturing the iPhone, Consoles, and Various Electronic Parts, Has Closed a Partnership with Fisker to Enter the Electric Car Industry

Read Also

The Development of Electric Cars by the iPhone Manufacturer

The Coordination of Operations

Get to Know Foxconn

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The seemingly endless sand is disappearing: the world extracts 50 billion tons per year from rivers and beaches, a volume comparable to 19,000 pyramids of Giza, while mafias profit, islands disappear, and city concrete is threatened until 2050.

Scientists drill 8,000 feet of ice in Antarctica and race against time before the hole freezes over again to bury the world’s deepest seismometers and turn the South Pole into a giant ear for earthquakes across the entire planet.

Rice in space becomes a scientific bet for China to understand how microgravity can alter the genetics of the most important grain for Asian food security and reveal if future generations of the plant can be born, grow, and maintain their biological identity away from Earth.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.

iPhone Manufacturer Enters Electric Vehicle Industry Aiming to Produce 250,000 Affordable Electric Cars Per Year

The Taiwanese Foxconn, Responsible for Manufacturing the iPhone, Consoles, and Various Electronic Parts, Has Closed a Partnership with Fisker to Enter the Electric Car Industry

Read Also

The Development of Electric Cars by the iPhone Manufacturer

The Coordination of Operations

Get to Know Foxconn

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The truck that “bent physics” in the Monte Carlo case: report indicates impossible route between São Paulo and Mato Grosso, R$ 4 million in recorded refueling, R$ 3 million advanced, and suspicion of entries without real correspondence.

ANTT authorizes new electronic tolls without barriers on highways in Paraná and Goiás, expands free flow toll collection, and introduces drivers to a new rule that may result in a fine if the toll is not paid on time.

After 5 years stalled by the Supreme Court, the R$ 9 billion Ferrogrão railway is back on track to connect Sinop to Miritituba over 933 kilometers, transport grains by rail, and cut 50% of CO2 emissions from Brazilian agribusiness.

State of Logistics 2026 opens a survey in Brazil to map technology, electrification, sustainability, and logistics bottlenecks in Latin America.

While the US Navy still relied for decades on the subsonic Harpoon and Tomahawk missiles for naval combat, the US Air Force reactivated the AGM-183A ARRW program on May 12, 2026, in an anti-ship version capable of making a Nimitz-class aircraft carrier disappear in minutes.

The seemingly endless sand is disappearing: the world extracts 50 billion tons per year from rivers and beaches, a volume comparable to 19,000 pyramids of Giza, while mafias profit, islands disappear, and city concrete is threatened until 2050.

Scientists drill 8,000 feet of ice in Antarctica and race against time before the hole freezes over again to bury the world’s deepest seismometers and turn the South Pole into a giant ear for earthquakes across the entire planet.

Rice in space becomes a scientific bet for China to understand how microgravity can alter the genetics of the most important grain for Asian food security and reveal if future generations of the plant can be born, grow, and maintain their biological identity away from Earth.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Windows without a prison-like appearance gain momentum in 2026 and promise to completely transform residential facades with more natural lighting, discreet security, increased property value, and a modern look without the burden of the old iron bars that dominated Brazilian homes for decades.