Hon Hai’s platform for EV development to launch in July

Taipei-With more than 1,500 companies joining the MIH Alliance for electric vehicle (EV) development, the platform is set to begin operations in July, Chief Technology Officer (CTO) of Hon Hai Precision Industry Co. William Wei (???) said Tuesday.

The alliance will hold a convention on June 25, during which its business model and method of cooperation will be unveiled, said Wei during a talk as part of the launch event for 2023 E-Mobility Taiwan, a tech exposition scheduled for October in Taipei.

The platform will begin independent operations in July, according to Wei, who is in charge of software development for the project.

Hon Hai, known globally as Foxconn, announced the MIH open platform with Yulon Group last October, with the aim of accelerating the development of the electric car industry. The duo also formed a joint venture in February 2020 called Foxtron Vehicle Technologies Co. to provide solutions to other automakers.

According to Wei, more than 1,500 companies from 47 countries had joined the alliance as of mid-April.

These include Bosch and Continental AG, both of which manufacture automotive parts, as well as tech giants such as Microsoft and Oracle Co., added Wei.

The CTO encouraged innovative companies that focus on software and user experience to join the MIH platform.

Hon Hai has said it plans to build the platform into the “Android of the electric car industry” as part of its ongoing efforts to enter the global electric vehicle market.

The contract manufacturer has also shown its ambition to develop critical components for electric vehicles, such as batteries, electrical systems, electronic control and various software items.

With governments implementing stricter emissions standards for cars and favorable policies on purchasing electric cars as part of strategies to combat climate change, the electric vehicle industry has grown worldwide over the past few years.

According to a Deloitte report in July 2020, the growth of the industry is likely to continue over the next decade, even though the impact of the COVID-19 pandemic on total car sales could potentially last for years.

The accounting organization also predicted that total electric vehicle sales will grow from 2.5 million in 2020 to 11.2 million in 2025 and reach 31.1 million by 2030.

Source: Focus Taiwan News Channel