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<!----> Taiwan’s Hon Hai Technology Group announced it has signed an agreement to acquire German automotive components manufacturer Prettl SWH Group, in a move designed to strengthen its electric vehicle (EV) supply chain. Hon Hai, also known as Apple Inc’s main manufacturing…

The settlements involve UOP, a subsidiary of Honeywell that manufactures catalysts used to refine oil. Photo: WALLACE WOON/EPA/Shutterstock…

<!----> VW already has a US plant in Tennessee Taiwan’s Hon Hai Technology Group is in talks with Volkswagen about a vehicle production joint venture in the US, according to reports citing VW sources. Earlier this year, VW said it planned to reintroduce the Scout off road brand by…

A Hon Hai sedan EV The Saudi Arabian Public Investment Fund (PIF) said it would launch a new domestic electric vehicle (EV) brand, Ceer, to establish an important new economic pillar for the kingdom. Ceer is a joint venture between PIF and Taiwan’s Hon Hai Precision Industry, also well known as Apple’s main manufacturing subcontractor Foxconn, which has developed an EV platform complete with powertrain and…

Hon Hai Precision Industry Company unveiled two new electric vehicle (EV) prototypes at its third annual tech day this week in Taipei, Taiwan, as the company continues to expand in the global EV market and reduces its reliance on smartphone manufacture. Hon Hai, also known as Apple’s top contract manufacturer Foxconn, aims to become a significant player in the global EV industry. The company has developed the MIH open…

Taiwan’s Hon Hai Technology Group said it had signed a preliminary agreement with IndiEv to produce prototypes of the US electric vehicle (EV) startup’s Indi One passenger vehicle at its Lordstown Motors plant in Ohio. Hon Hai, aka Apple’s main manufacturing subcontractor Foxconn, completed acquisition of the former GM Lordstown plant last May and began trial production of Endurance BEV trucks earlier this month. It also…

The Pentagon is intensifying efforts to decouple U.S. defense companies’ sprawling global supply chain from China, executives and department officials said.The Defense Department said it has started using artificial intelligence to improve the way it analyzes whether aircraft parts, electronics and raw materials used by U.S. military contractors originate in China and other potential adversaries. Defense contractors, encouraged by the Pentagon and lawmakers, have said they are weaning themselves off microelectronics and…

GE Chairman and CEO Larry Culp will be nonexecutive chairman of GE Healthcare’s board. Photo: Christopher Goodney/Bloomberg News…

The bloc’s antitrust regulator said Tuesday the purchase would stifle innovation and reduce choice in an emerging market for early cancer-detection blood tests. The decision could force Illumina, a maker of gene-sequencing machines, to shed Grail just over a year after scooping it up. The antitrust regulator said Illumina didn’t offer sufficient remedies to address its concerns about the deal, and that it would issue a separate decision ordering Illumina and Grail to dissolve their transaction. “It is vital to…

Taiwan’s Luxgen Motor Company, a subsidiary of local carmaker Yulon Motor, last week launched sales of a new electric vehicle (EV) based on Hon Hai Precision Company’s MIH open platform. Hon Hai, widely known as Apple’s leading contract manufacturer Foxconn, established a joint venture with Yulon Motor at the end of 2020 called Foxtronn Vehicle Technologies Company dedicated to developing EVs based on the MIH platform.…