In the context of the vigorous development of the new energy vehicle industry, Foxconn has also stepped up its layout. Recently, Foxconn's new energy vehicle industry development (Henan)** was officially established, marking a further step in Foxconn's exploration in the field of new energy vehicles.
According to Tianyancha data, the legal representative of Foxconn New Energy Vehicle Industry Development (Henan)** is Huang Yingshi, with a registered capital of 500 million yuan. The company has a wide range of business scope, covering auto parts and accessories manufacturing, motor manufacturing, new material technology research and development, new energy vehicle sales and other fields. In addition, the company is also involved in corporate headquarters management, park management services, chain management services and other businesses.
It is worth noting that Foxconn New Energy Vehicle Industry Development (Henan)** is wholly owned by Foxconn New Business Development Group***. Foxconn New Business Development Group is a wholly-owned subsidiary of Hongfujin Precision Electronics (Zhengzhou). This means that Foxconn's layout in the field of new energy vehicles has been supported and promoted by its parent company, Hon Hai Precision Industry Co., Ltd.
In response to the establishment of Foxconn's new energy vehicle industry development (Henan)**, Foxconn responded that this is a decision made in accordance with the group's 3+3 strategic industrial plan. In 2023, Foxconn Technology Group will set up Foxconn's new business headquarters in Zhengzhou, and establish Foxconn New Business Development Group*** to plan three major business groups and three industrial clusters, including new energy vehicles. It can be seen that Foxconn attaches great importance to the new energy vehicle industry.
In today's world, new energy vehicles have become a key industry for the development of various countries. With the deepening of the concept of environmental protection and the continuous progress of technology, the market share of new energy vehicles has increased year by year. As a world-renowned electronic manufacturing service provider, Foxconn keenly seized this market opportunity and began to set foot in the field of new energy vehicles.
In fact, Foxconn's layout in the field of new energy vehicles has already begun. Previously, Foxconn partnered with Taiwan's Yulon Motor Group to jointly launch the electric SUV "MIH EV" and the electric bus "MIH E Bus". In addition, Foxconn also provides parts and chain services for well-known electric vehicle brands such as Tesla. Through cooperation with automobile manufacturers, Foxconn has gradually accumulated rich experience and technical strength in automobile manufacturing.
Today, with the establishment of Foxconn's new energy vehicle industry development (Henan)**, Foxconn's layout in the field of new energy vehicles is more perfect. The company will rely on Foxconn's strong chain integration capabilities and manufacturing strength to provide high-quality products and services for the new energy automotive industry. At the same time, Foxconn will also use its advantages in the field of intelligent manufacturing to promote the digital transformation and upgrading of the new energy vehicle industry.
However, the competition in the new energy vehicle market is extremely fierce. There is not only competition from established car companies such as Tesla and BYD, but also the emergence of many emerging car-making forces. In the face of such a severe market environment, Foxconn needs to give full play to its advantages in intelligent manufacturing and technological innovation, continuously improve product quality and reduce costs in order to win market share.
At the same time, Foxconn also needs to strengthen cooperation with automakers to jointly promote the development of the new energy vehicle industry. By partnering with automakers, Foxconn can better understand market needs and trends and provide customized products and services to automakers. At the same time, the cooperation with automakers will also help increase Foxconn's visibility and influence in the field of new energy vehicles.
In short, the establishment of a new company is an important measure for Foxconn to lay out the layout in the field of new energy vehicles. Through the establishment of Foxconn's new energy vehicle industry development (Henan)**, Foxconn will further focus on the development of the new energy vehicle industry and provide better products and services for global automakers. At the same time, this also means that Foxconn's layout in the field of intelligent manufacturing and new energy vehicles will be more complete and deeper. We look forward to Foxconn's future development and innovation in the field of new energy vehicles."