iPhone maker Foxconn interested in Nissan, merger talks underway
It is understood Foxconn's interest in Nissan may have accelerated ongoing discussions with Honda. The Taiwanese company is eager to start building cars. Foxconn is particularly interested in Nissan's car manufacturing and design capabilities. Shortly after reports emerged that Honda and Nissan were in talks to merge, sources said Taiwanese iPhone maker Foxconn has expressed interest in buying a stake in Nissan. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("0f7e3106 -c4d6-4db4-8135-c508879a76f8"); } else { adpushup.triggerAd("82503191-e1d1-435a-874f-9c78a2a54a2f"); Foxconn, best known as the Apple manufacturing giant, is reportedly keen on acquiring Nissan's core assets, particularly its car manufacturing and design expertise. Foxconn, which is pursuing its electric vehicle ambitions under former Nissan executive Jun Seki, has pledged to invest $250 million in a Vietnam industrial park focused on electric vehicle components. Although the company has previewed several promising electric vehicle concepts, none have yet made it to the production line. Read: Apple iPhone maker Foxconn’s latest…
100,000 electric cars later, Xiaomi CEO touts himself as China’s electric car maker
Chinese billionaire Lei Jun was photographed sleeping on a factory floor, referring to Elon Musk. Xiaomi founder and CEO celebrates production milestone of SU7 sedan reaching 100,000 units. Still, Xiaomi has a long way to go to break even, as it needs to sell 300-400,000 cars a year. Xiaomi founder, chairman and CEO Lei Jun took a page directly from Elon Musk's playbook - quite literally - and then added his own twist. To mark the production milestone of 100,000 SU7 electric cars, Lei Jun posted a photo of himself napping on the factory floor, a nod to Musk's famous claim that he did the same thing in Tesla's early years, although he didn't explicitly Name his American counterpart. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP") { adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd(" 6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); The Xiaomi boss shared the photo on social media with the text: "Netizens urged me to go to…
Chinese battery maker cancels plan to build two factories in Germany
The Chinese company reportedly does not have the financial resources to continue its European expansion go through Brad Anderson 11 hours ago SVOLT abandoned plans to build two battery plants in Germany, citing weak sales and economic challenges in Europe. The company is the eighth largest battery manufacturer in China, with a market share of 2.36%. SVOLT supplies batteries for the Citroën e-C3 and reportedly has a contract with BMW. Chinese electric vehicle battery maker Hive has announced it will shut down its European operations in January and abandon plans to build two production facilities, blaming falling European sales and rising trade tensions for the sudden withdrawal. SVOLT was initially spun out of Great Wall Motor's battery unit and now aims to refocus its European operations on technical services, warehousing, engineering support, logistics and maintenance. In other words, it is scaling back its ambitious manufacturing ambitions to just enough infrastructure to maintain a foothold in the region, but the shift…
Apple iPhone maker Foxconn’s latest electric car is a minivan design
Foxconn's third concept, an electric minivan, is seeking another automaker's badge to put into production Foxconn has unveiled the Model D, its third prototype designed by Pininfarina. The all-electric minivan has a WLTP range of 660 kilometers (410 miles). The seven-seat cabin has four screens and a convenient iPhone case in the back seat. Foxtron, the automotive division of tech giant Foxconn (the company best known for making Apple products like the iPhone), has pulled back the curtain on the Model D, a near-production concept car that showcases their take on an all-electric minivan. Vision, the car is in collaboration with Pininfarina. Known as an LMUV (Lifestyle Multipurpose Vehicle), the Model D combines features of an SUV and an MPV, but let's be honest, it's essentially a minivan. It features high-tech LED lighting at both ends with sharp surfaces, very similar to new Skoda models. Not exactly groundbreaking, but definitely capable. Technical specifications and features Despite its size, the S-duct…
Involve participants in the Maker Movement
How makerspaces and conferences can help event attendees learn about a people’s history and culture—or just deeply resonate with their own professional culture. By Michelle Russell Participants at ISTELive 24 in Denver work together to make puppets as part of a creative camp. On the cover and in the CMP series of stories ConveningIn our May/June issue, we examined the Maker Movement from multiple angles in the context of the events industry—from interviews with the founders of Maker Fairs held around the world to exploring how Knoxville became Etsy’s first official U.S. “Maker City” to workshops in Canada where groups learned about their culture by making Indigenous crafts. I recently read about a similar workshop that immerses participants in another culture. The Grand Velas Riviera Nayarit Hotel in Puerto Vallarta, Mexico, has launched an event that gives guests of the all-inclusive resort the opportunity to paint brass. Miracle Heart (Miracle Hearts), with artist guidance on the history and meaning of…
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