Shulou(Shulou.com)11/24 Report--

CTOnews.com, January 30, according to Taiwan's Economic Daily, it is reported that Hon Hai's electric car business is negotiating contract manufacturing orders with GM.

As the shortage of automotive chips has not been completely alleviated, it has been reported in the industry that GM has approached Hon Hai to cooperate through the mode of "replacement of chips", that is, through the chip resources mastered by Hon Hai Electronic OEM, to help provide GM with sufficient automotive chips, while GM handed over its electric vehicles to Hon Hai.

CTOnews.com learned that Hon Hai yesterday (January 29) said it would not comment on the rumors. Hon Hai executives in charge of Hon Hai's North American electric vehicle business have previously disclosed that Hon Hai is discussing contract manufacturing cooperation with four major traditional car factories in the United States, Japan, South Korea and Europe, and is expected to mass produce electric vehicles in the second half of 2023 and enter an explosive period in 2024. According to market research, the traditional American car factory that Hon Hai is contacting is General Motors.

According to industry analysts, the Ohio plant previously undertaken by Hon Hai Group is the fuel vehicle plant of General Motors in the past, with a peak capacity of 600000 vehicles a year, making it one of the largest factories of a single model in North America.

General Motors Group, the largest US carmaker, sold 2.27 million vehicles in the US last year, up 2.5 per cent from a year earlier, according to data. Among them, sales grew by 41.4% in the fourth quarter of last year, beating Toyota.

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