Tata Technologies’ participation marks further progress in Hon Hai’s efforts to expand its ecosystem through the platform, the Taiwanese company said.
By Lisa Wang / Staff Reporter
India’s Tata Technologies Ltd has become the latest member of Hon Hai Precision Industry Co’s (鴻海精密) MIH open platform to jointly develop sustainable mobility solutions for customers around the world, the Taiwanese company announced yesterday.
This could include in-vehicle and electric solutions, electric platform development and battery management system, among others, Hon Hai said.
Tata Technologies’ participation marks further progress in Hon Hai’s efforts to expand its electric vehicle (EV) ecosystem through the MIH platform, he said.
Photo: RITCHIE B. TONGO, EPA-EFE
The open platform has approximately 2,380 members worldwide, with the aim of jointly developing electric vehicle ecosystems and reducing product time-to-market.
Hon Hai made the announcement on Facebook and posted photos, including one showing MIH Consortium CEO Jack Cheng (鄭顯聰) shaking hands with Tata Technologies CEO Warren Harris.
Hon Hai signed the contract with Tata Technologies to join the platform at the Indian company’s office in Detroit, Michigan.
Hon Hai said it is on track to ship its first microprocessors and other chips used in electric vehicles by 2024.
The company would supply chips to its electric vehicle customers and original electronics manufacturers, said Gene Liu (劉錦勳), vice president of Hon Hai’s SoC Design Center.
Liu declined to comment on the company’s progress working with Stellantis NV on new vehicle chips.
Hon Hai has set a three-year target to increase its revenue from electric vehicles and related components to NT$1 trillion (US$33.69 billion) and for electric vehicle shipments to reach 500,000 at 750,000 units per year in 2025.
This year, the company is to manufacture electric light trucks for Ohio-based Lordstown Motors Corp and produce electric vehicles for Fisker Inc in the fourth quarter of next year.
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