Foxconn's New Energy Vehicle R&D Center Officially Commences Operations

Published: Feb 5, 2026 17:51
On February 4, Foxconn's New Energy Vehicle R&D Center officially commenced operations in Zhengzhou Airport Economy Zone, Henan Province. The launch of this facility will assist Foxconn in building an efficient industrial ecosystem, reducing the new vehicle production cycle to 24 months. This also signifies that Foxconn has established comprehensive end-to-end capabilities, from product planning and platform development to vehicle manufacturing.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
3 hours ago
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
Read More
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
World's First Mass-Produced Sodium-Ion Battery Passenger Vehicle Officially Unveiled
On February 5, Changan Automobile unveiled its global sodium-ion battery strategy, and the world's first mass-produced sodium-ion battery passenger vehicle was officially introduced. Test data shows that the vehicle equipped with CATL's sodium-ion battery delivers nearly three times the discharge power compared to conventional lithium iron phosphate vehicles with the same battery capacity under -30°C conditions. In extreme cold environments of -40°C, it maintains over 90% capacity retention, and it can still discharge stably even at the extreme low temperature of -50°C.
3 hours ago
Japan's Imported Auto Sales Fall 12% in January, EV Sales Up 68%
3 hours ago
Japan's Imported Auto Sales Fall 12% in January, EV Sales Up 68%
Read More
Japan's Imported Auto Sales Fall 12% in January, EV Sales Up 68%
Japan's Imported Auto Sales Fall 12% in January, EV Sales Up 68%
According to data released by the Japan Automobile Importers Association (JAIA) on February 5, Japan's imported auto sales (excluding Japanese producers) fell 12% YoY to 13,019 units in January. Battery EV sales increased 68% to 2,041 units, marking a return to growth after one month of decline. Mercedes-Benz sales dropped 13% to 3,031 units, ranking first; Volkswagen sales were 1,528 units, down 41%; BMW sales were 1,383 units, down 17%; BYD sales surged 3.4-fold to 180 units.
3 hours ago
Toyota to Boost Hybrid Vehicle Production by 30% by 2028, Aiming for 6.7M Units and Expanding US Output
Feb 4, 2026 17:57
Toyota to Boost Hybrid Vehicle Production by 30% by 2028, Aiming for 6.7M Units and Expanding US Output
Read More
Toyota to Boost Hybrid Vehicle Production by 30% by 2028, Aiming for 6.7M Units and Expanding US Output
Toyota to Boost Hybrid Vehicle Production by 30% by 2028, Aiming for 6.7M Units and Expanding US Output
Toyota plans to increase hybrid vehicle production by approximately 30% from current levels by 2028. The company expects to produce 6.7 million hybrid vehicles in 2028, while its production plan for hybrid and plug-in hybrid vehicles in 2026 is set at 5 million units. Toyota also intends to significantly expand hybrid vehicle production in the US.
Feb 4, 2026 17:57