Among the Taiwan-based suppliers in these areas, Foxconn is the leading EV manufacturer. Leading power system makers include Delta and Teco. Leading battery suppliers include E-One Moli, Phoenix Battery Corporation (PBC), Amita and ProLogium while battery material suppliers including Mechema and CoreMax have a long-established presence.
After Foxconn acquired Haitec, a subsidiary of Yulon, and founded the MIH Consortium, it has become Taiwan's key EV manufacturer.
Not only has Foxconn engaged in collaborations with multiple global firms, but it is also committed to clear and definite KPIs for its EV business, including reaching a NT$1 trillion revenue, a 10% gross profit margin and a 750,000-unit shipment volume.