Author: Eric Walz
The Project X EV platform is intended to lower the barrier for companies entering the electric vehicle market.
Taiwan-based electronics manufacturer foxconwhich is best known for assembling tens of millions of Apple products, including the popular iPhone, has unveiled a new electric vehicle platform that can help automakers enter the competitive electric vehicle market more easily.
On Tuesday, the Foxconn-initiated Mobility in Harmony Consortium (MIH Consortium) announced “Project X,” which is an open, agnostic EV platform.
The MIH Consortium was created in 2020 by Foxconn to promote a global set of open standards for manufacturing electric vehicles. The consortium has more than 2,000 members from 65 countries, including Microsoft. The organization’s goal is to bring together partners to build the next generation of electric vehicles, self-driving technologies and mobility service applications.
The EV Platform is intended to reduce barriers for companies entering the EV market, allowing them to customize EVs to suit their needs. The MIH has just released for the first time the Project X timeline and exterior design of a three-seater compact demo car that is expected to be unveiled by the end of 2023.
Following the “A-segment” electric vehicle platform, MIH plans to launch a six- and nine-passenger vehicle platform in the coming years. It will provide EV manufacturers with additional vehicle segment choices to drive innovation in the EV segment.
According to the MIH, the modular EV platform enables innovators to create the future of mobility with an open EV ecosystem with its Build Your Own Vehicle (“BYOV”) model.
With a modular design approach and standardized interfaces, Project X electric vehicles can be designed and built in less time and at lower cost. It’s a similar strategy used by legacy automakers General Motors and Volkswagen. GM’s electric vehicles, including the new battery-powered Chevy Blazer, are built on its Ultium EV platform. While Volkswagen uses its MEB EV platform for its future electric range.
Foxconn says the platform will be ideal for designing and building utility vehicles for ride-sharing companies, mobility service providers, fleet operators and new EV brands that don’t have their own manufacturing plants. .
“The MIH is writing the next chapter in the future of mobility. Project X is a demonstration of a new electric vehicle platform for the ecosystem. We not only make cars, but we also enable the creation of more lifestyles,” said Jack Cheng, CEO of the MIH Consortium. “The goal of Project X is to develop the world’s most iconic open EV platform for innovators, by innovators.”
MIH invites its MIH members to participate and co-create this platform at the early stage of vehicle development and implements technologies developed by MIH working groups, including powertrains, battery systems, technology battery exchange and electrical and electronic architectures (EEA).
Jack Cheng, CEO of the MIH Consortium, announces Project X at a members-only event.
The Project X announcement is part of Foxconn’s recent push into the EV space. Although the contract electronics maker is Apple’s manufacturing partner and has assembled hundreds of millions of products in China for the tech giant, Foxconn is looking to diversify its electronics assembly business, including building electric vehicles for other companies, which are more like “smartphones on wheels”.
Foxconn announced in October 2020 its goal to provide components or services to approximately 10% of electric vehicles worldwide between 2025 and 2027. Foxconn Chairman Liu Young-way also said the company was in talks with several car manufacturers to achieve this goal.
EV startup Fisker Inc, entered into a memorandum of understanding with Foxconn in February 2021 to build its second vehicle called PEAR, which stands for “Personal Electric Automotive Revolution”. The Fisker PEAR will be fully revealed in the second half of 2023 and will go into production at an Ohio plant owned by Foxconn in 2024. The Ohio plant was formerly owned by General Motors.
Fisker says its collaboration with Foxconn in Ohio is poised to “revolutionize the traditional automotive business model” by bringing Foxconn’s efficient manufacturing capabilities to large-scale electric vehicle production.
This efficient manufacturing method can help small companies like Fisker design and produce a new electric vehicle in as little as two years, which is unprecedented speed in the automotive industry.
Development of PEAR with Foxconn is on track, according to Fisker. The Fisker and Foxconn teams are fully committed and plan to build a minimum of 250,000 Fisker PEAR units per year at the factory after a ramp-up period.
Foxconn aims to grow its electric vehicle production into a $35 billion business by 2026. The company’s chairman, Young Liu, said in 2020 that the $35 billion goal was a goal the company “must hit.”
With Project X, Foxconn is getting closer to its goal.
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