There are increasing signs that Foxconn, the contract manufacturer best known for manufacturing various Apple devices, steers towards the promising e-car business. Recently, the company had unveiled a platform for software-defined vehicles. Now the electronics specialist from Taiwan announced that it intends to support Byton in setting up the production of its first series vehicle.
Byton had already planned to start production in China last year. So far, however, these plans had not materialised. Now, production is targeted to start by the first quarter of 2022, it said. To this end, Byton and Foxconn have concluded a strategic framework agreement, as Foxconn parent company Hon Hai announced.
Byton had been founded by former BMW managers and cooperates with the Chinese car company FAW, among others. The company's first model, the SUV M-Byte, caused a sensation with, among other things, a huge display in the cockpit that practically reaches from door to door. A production-ready model was presented at the IAA trade show motor show in Frankfurt am Main in 2019 and, according to announcements at the time, was also to be launched in Europe in 2021.