Apple Supplier Foxconn Teams up With Fisker to Make Electric Vehicles | Technology News

By Akanksha Rana and Ben Klayman

(Reuters) – Electric-car maker Fisker Inc said it will work with Apple Inc supplier Foxconn to produce more than 250,000 vehicles a year beginning in late 2023, sending its shares up 18%.

The deal, codenamed “Project PEAR” (Personal Electric Automotive Revolution), is looking at markets globally, including North America, Europe, China and India, Fisker said.

Foxconn, Apple’s main iPhone maker, has ramped up its interest in electric vehicles (EVs) over the past year or so, announcing deals with Chinese electric-car maker Byton and automakers Zhejiang Geely Holding Group and Stellantis NV’s Fiat Chrysler unit.

Sources have said Apple is targeting 2024 to produce a passenger vehicle.

Foxconn aims to provide components or services to 10% of the world’s EVs by 2025 to 2027, Chairman Liu Young-way said in October.

The Taiwan-based company’s approach poses a major threat to established automakers that technology companies

Read More

Karma prices GS-6 plug-in hybrid arriving soon, teases electric SUV due in 2022

Karma Automotive Monday revealed pricing for its more affordable plug-in hybrid luxury car, the GS-6

With its arrival this month, the GS-6 starts at $83,900. A high-performance GS-6S model starts at $103,900. A fully electric GSe-6 model, set to arrive late this year with a choice between two battery packs—Luxury and Long Range—starts at $79,000. 

It also teased what’s next for the California-based carmaker: the GX-1 Series, an SUV to be built on a new global platform, in both battery electric and extended-range EV versions. This model will be due for first deliveries in 2022, the company revealed.

Karma GX SUV teaser

Karma GX SUV teaser

There’s a lot more backstory, however, for the company that started seven years ago and has roots in a design—the FIsker Karma—that predated the Tesla Model S as a sexy green car.

Remakes over reinvention

The GS-6 is essentially a repositioning of the Revero GT

Read More

Coventry to seek planning permission for new electric car battery gigafactory

Coventry is to seek planning permission to build an electric car battery plant, known as a gigafactory, boosting ambitions to keep automotive production at the heart of the West Midlands’ region.

Coventry City Council will submit an outline blueprint in partnership with the operators of Coventry Airport later this year, in a move which the project’s backers say could attract £2 billion in investment and create thousands of jobs.

If plans are passed, the site could be operational by 2025, though it would need investment from the private sector.

Local government sources say discussions are “well under way with a number of potential suppliers”, including battery suppliers and automotive manufacturers, to join the project.

JLR factory in Solihull

Jaguar Land Rover announced this week that it will be an all-electric brand within a few years (David Jones/PA)

It follows an announcement in December that construction of a £2.6 billion gigafactory – the UK’s first

Read More

Jaguar Land Rover’s car range to be fully electric by 2030

Jaguar Land Rover’s car range will be fully electric by 2030 as the carmaker joins a global race to develop zero-emission models to get ahead of looming bans on sales of new fossil-fuel vehicles.

JLR, owned by India’s Tata Motors, said on Monday the Jaguar brand will lead the way with a fully-electric model range built on a brand-new electric platform by 2025.

Land Rover will launch six pure electric models in the next five years with the first one coming in 2024, JLR added.


JLR said that as it electrifies its model range, it will keep all three of its British plants open.

But Thierry Bollore, who took over as chief executive in September, said the carmaker’s Castle Bromwich plant in central England would

Read More