Foxconn Electronics has announced a partnership with Giga Solar Materials, Long Time Technology and China Steel Chemical (CSCC) for co-develop anode materials of LFP (lithium iron phosphate) batteries for electric vehicles (EV).
Under the partnership, CSCC will provide mesocarbon microbeads (MCMBs), Giga Solar silicon/silicon oxide technology and Long Time artificial graphite for Foxconn to synthesize them into anodes of batteries that will feature high energy densities, fast charging and long service lives. CSCC is currently the globally largest producer of MCMBs, and Foxconn holds shares of both Giga Solar and Long Time.
Foxconn plans to launch LFP batteries for EVs in 2023. Foxconn's subsidiary Foxtron Vehicle Technologies is developing electric buses, with shipments to begin in second-quarter 2022. Foxconn will have LFP batteries used in such electric buses.
Foxconn has cooperated with Yulon Motor to establish MIH open platform for developing EVs, with the platform having attracted nearly 1,900 hardware/software partners so far.
Article translated by Adam Hwang and edited by Rodney Chan
