Smartphone maker Foxconn unveils electric vehicle for Taiwanese brand Yulon

TAIPEI – The company that assembles smartphones for Apple Inc. and other global brands on Tuesday unveiled an electric SUV that will be produced for a Taiwanese automaker under a similar contract model.

Foxconn Technology Group said the SUV will be sold by Yulon Motor as the Luxgen n7 starting next year. He said the five-seater should be able to travel 700 kilometers (440 miles) on a single charge. No price has been announced.

Foxconn, also known as Hon Hai Precision Industry Co., plans to produce electric cars and buses for brands in China, North America, Europe and other markets. He said customers can change their look and functionality.

The company adds to a crowded global market with electrical products offered by nearly every established automaker and dozens of ambitious startups.

“Hon Hai will definitely redefine the electric vehicle industry,” company founder Terry Gou said in a statement.

Foxconn, headquartered in New Taipei City, Taiwan, is the world’s largest contract assembler of smartphones and other consumer electronics.

Yulon, founded in the 1940s, assembles vehicles for Nissan Motor Co. and other automakers. The company launched its own brand, Luxgen, in 2009.

The Luxgen n7 is one of five models offered to potential customers.

On Tuesday, Foxconn also introduced a five-seat crossover, the Model B, and a five-seat double-cab pickup, the Model V.

The company previously announced plans for a sedan developed with Italian design house Pininfarina and an electric bus, the Model T.



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