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Foxconn EV Chief: Driverless Tech to Arrive Sooner Than Expected

Created at 23 Jul · 4:16 AM1 source↑ Market-relevant
IN SHORT

Jun Seki, Foxconn's chief strategy officer for EVs, believes Level 4 and higher autonomous driving technology will become mainstream by 2040 due to falling costs and improved reliability. Foxconn is actively developing EV technologies and collaborating with partners like NVIDIA and ZF Group.

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Key Numbers

2040year for mainstream Level 4+ autonomous driving
14potential EV customers Foxconn is in contact with
23development projects underway at Foxconn

Who's Involved

Jun Seki
Foxconn's chief strategy officer for EVs
Foxconn
Taiwanese electronics manufacturer developing EVs
NVIDIA
Partner in autonomous automotive fleets and AI
ZF Group
Partner in e-mobility and advanced chassis solutions
Young Liu
Chairman and CEO of Foxconn
Jensen Huang
Founder and CEO of NVIDIA
Holger Klein
CEO of ZF Group
Shang-yi Chiang
Foxconn Chief Strategy Officer
Foxconn EV Chief: Driverless Tech to Arrive Sooner Than Expected

↳ Why This Matters

Foxconn's significant role as a contract manufacturer for major tech companies positions its EV and autonomous driving developments as influential indicators for the future of the automotive industry and the broader adoption of AI-driven mobility solutions.

Key facts

  • Foxconn's EV chief, Jun Seki, predicts Level 4 and higher driverless technology will be mainstream by 2040.
  • Seki cited decreasing costs and enhanced reliability as factors for earlier-than-expected adoption.
  • Foxconn is developing a full range of EV manufacturing capabilities.
  • The company is partnering with NVIDIA on autonomous vehicle platforms and with ZF Group on e-mobility.

Jun Seki, the executive overseeing electric vehicle strategy at Taiwan's Foxconn, has indicated that advanced autonomous driving technology is poised for widespread adoption sooner than previously anticipated. Speaking on July 21 in Tokyo, Seki projected that Level 4 and higher autonomous driving capabilities will become mainstream by the year 2040, driven by declining costs and improvements in system reliability.

Foxconn, officially Hon Hai Precision Industry Co., Ltd., is actively engaged in the EV sector, showcasing its capabilities at events like its annual Hon Hai Tech Day (HHTD23). The company has unveiled a new electric cargo van, the MODEL N, and provided updates on its family SUV, the MODEL C, and sporty crossover, the MODEL B, with plans for mass production. Foxconn's strategy relies on vertically integrated capabilities, modular components, and a platform-based development approach, with India and Japan identified as key markets for future EV growth.

The company is forging strategic partnerships to advance its EV ambitions. Foxconn is collaborating with NVIDIA to build its smart EV platform on NVIDIA DRIVE Hyperion 9, powered by NVIDIA DRIVE Thor, and to develop smart manufacturing robotic systems using NVIDIA Isaac AMR. Additionally, Foxconn is working with German automotive supplier ZF Group, a leader in e-mobility and advanced chassis solutions, to enhance its EV offerings. These collaborations highlight Foxconn's commitment to leveraging cutting-edge AI and robotics in its electric mobility endeavors.

Frequently asked questions

Foxconn's chief strategy officer for EVs, Jun Seki, predicts that Level 4 and higher autonomous driving technology will become mainstream by 2040.

Jun Seki cited falling costs and improving reliability of the technology as key drivers for its earlier-than-expected adoption.

Foxconn is developing an electric cargo van (MODEL N), a family SUV (MODEL C), and a sporty crossover (MODEL B).

Foxconn is partnering with NVIDIA for autonomous vehicle platforms and AI-driven manufacturing, and with ZF Group for e-mobility solutions.

What Happens Next

01Foxconn's first family SUV, the MODEL C, is expected to hit roads in 2024.
02A sporty crossover, the MODEL B, is slated to enter mass production.
03Foxconn plans to launch its first self-developed prototype low-Earth-orbit satellite.

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How It Developed

Foxconn's EV chief, Jun Seki, stated that advanced autonomous driving technology will arrive sooner than anticipated.
Seki projects Level 4 and higher autonomous driving to become mainstream by 2040.
He cited falling costs and improving reliability as key drivers for this accelerated adoption.
Foxconn is developing a range of EV manufacturing capabilities, including cargo vans and SUVs.
The company is collaborating with NVIDIA on autonomous automotive fleets and smart manufacturing, and with ZF Group on e-mobility solutions.
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Sources

T1
Foxconn EV chief says driverless technology to arrive sooner than expectedNikkei Asia
T2
Hon Hai Technology Group (Foxconn) Supports Global Robotaxi Market With ...foxconn.com
T2
Latest News - Hon Hai Technology Group - Foxconnfoxconn.com

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