HHTD 2024 Unveils Two Reference Design EVs, Extending Range Of Electro-Mobility To Midi Bus, LMUV
Rhea-AI Summary
Hon Hai Technology Group (Foxconn) unveiled two new reference electric vehicles at the fifth annual Hon Hai Tech Day (HHTD): the MODEL D, a lifestyle multipurpose utility vehicle, and the MODEL U, a midi-sized electric bus. Foxtron Vehicle Technologies, Foxconn's subsidiary, also showcased the first variant of the MODEL C for North American customers.
The MODEL D, designed with Pininfarina SpA, is 5.2 meters long with a 3.2-meter wheelbase and features a pneumatic suspension system. The MODEL U is designed for narrow urban lanes and remote areas, emphasizing flexibility and multi-functionality. The North American variant of the MODEL C is expected to be in mass production by the end of 2025.
These new models demonstrate Foxconn's range and maturity in automotive development, highlighting their Contract Design and Manufacturing Service (CDMS) business model.
Positive
- Foxconn expands its EV portfolio with two new reference designs, showcasing versatility in the automotive sector
- Collaboration with renowned design house Pininfarina SpA for MODEL D enhances product appeal
- MODEL C's success in Taiwan market and participation in AXCR rally demonstrates product viability
- Expected mass production of MODEL C North American variant by end of 2025 indicates market expansion
- CDMS business model allows for flexible customization, potentially attracting more OEM customers
Negative
- No specific sales figures or revenue projections provided for the new EV models
- Lack of information on production capacity or manufacturing timelines for MODEL D and MODEL U
- No mention of partnerships or contracts with major automotive brands for the new reference designs
News Market Reaction
On the day this news was published, HNHPF gained 0.57%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
MODEL C, after AXCR debut and first variant, highlights CDMS strength
TAIPEI, Oct. 8, 2024 /PRNewswire/ -- Hon Hai Technology Group ("Foxconn") (TWSE: 2317), the world's largest technology manufacturer and service provider, announced two, new reference electric vehicles at the fifth annual Hon Hai Tech Day (HHTD), extending its automotive range with the MODEL D, a lifestyle multipurpose utility vehicle, and the MODEL U, a midi-sized electric bus.
At the same time, Foxtron Vehicle Technologies, the publicly-listed Foxconn subsidiary responsible for the newly unveiled reference designs, also showcased the first variant of the MODEL C for automotive OEM customers interested in the North American market.
"The latest models join a terrific line-up of EVs displaying our range and maturity in automotive development," said Young Liu, Chairman of Hon Hai Technology Group (Foxconn). "The EVs going to market with our B2B customers are standing up to real tests in automotive endurance, safety and reliability."
MODEL D is Lifestyle Multipurpose Utility Vehicle
The MODEL D is based on the design concept of LMUV (Lifestyle Multipurpose Utility Vehicle) and combines the advantages found in SUV and MPV segments. It is a multi-functional hybrid model and adopts Foxconn's latest generation platform technology. The MODEL D is 5.2 meters long and has a wheelbase of 3.2 meters, providing a spacious and comfortable seating space. It is equipped with a pneumatic suspension system to improve driving stability. The active suspension allows the height to be adjusted by 15 mm to 25 mm. The body design incorporates S-ducts and air curtains specially designed to reduce wind resistance, bringing the drag coefficient to a low 0.23. The MODEL D's styling design was jointly developed with renowned Italian design house Pininfarina SpA, infusing a sense of harmony to the family of electric vehicles that have been a collaborative work of the Italian and Taiwanese bellwethers.
MODEL U is universal and intelligent in midi size mobility
The MODEL U, a new, midi-sized electric bus, continues the innovative design language of the award-winning MODEL T full-sized electric bus launched by Foxconn in 2021. Specially designed for narrow urban lanes and remote areas, the MODEL U's clean and simple appearance with large windows also emphasizes flexibility and multi-functionality. The body size is moderate, and the internal space can be configured according to needs. Its advanced electronic control system and ADAS system make the driving experience safer and more comfortable. At the same time, the car body structure and aerodynamic design are optimized to achieve longer endurance.
MODEL C highlights CDMS capabilities for North American market
On Hon Hai Tech Day, the North American variant of the MODEL C, created in cooperation with American partners, was officially unveiled and is expected to be in mass production by the end of 2025. It maintains a simple and fashionable new-generation family style, expanding the S-duct design, new styling and steering wheel, and launching a new user interface (UI) design.
The MODEL C, a family SUV that first debuted in 2021, has become one of the best-selling passenger EVs in the Taiwan market following uptake as the "n7" brand of Taiwanese customer Luxgen. In August, the MODEL C was souped up for success as the first ever EV entrant in the 2,100 km Asia Cross Country Rally (AXCR), which is Southeast Asia's largest motorsport rally.
The achievements of the MODEL C are a testament to Foxconn's Contract Design and Manufacturing Service (CDMS) business model that invites automotive OEM customers to choose their favorite reference designs to customize their cars. Under the modular platform, hardware modules are flexibly combined and the software-defined EE architecture is continuously updated to improve the user experience through software updates.
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HHTD 2024 EV Models Specifications
MODEL D
Dimension 長寬高 | 5,195 mm length 1,995 mm width 1,785 mm height | Estimated range續航力預估 | ≥800 km (NEDC) ≥660 (WLTP) |
Wheelbase. 軸距 | 3,200 mm | Seat configuration座椅配置 | 7-seater |
Powertrain. 高壓系統 | 800V | Type | Lifestyle Multipurpose Utility Vehicle (LMUV) |
Design | FOXTRON and Pininfarina | Availability | Reference design |
MODEL U
Dimension. 長寬高 | 6,990 mm length 2,080 mm width 2,650 mm height | Estimated range 續航力預估 | 275 km maximum |
Wheelbase. 軸距 | 3,995 mm | Seat configuration 座椅配置 | Configurable (21-seater maximum) |
Design | FOXTRON | Type & Availability | Midi-bus Reference design |
FAQ
What new electric vehicle models did Foxconn (HNHPF) unveil at HHTD 2024?
What are the key features of Foxconn's (HNHPF) MODEL D electric vehicle?
When is Foxconn's (HNHPF) MODEL C North American variant expected to enter mass production?
What is the estimated range of Foxconn's (HNHPF) MODEL D electric vehicle?
