Smartphone maker Foxconn unveils EV for Taiwanese brand Yulon

TAIPEI – A company that assembles smartphones for Apple Inc. and other global brands on Tuesday unveiled an electric SUV that will be produced for the Taiwanese automaker under a similar contract model.

Foxconn Technology Group has announced that Yulon Motor will sell the SUV as the Luxgen n7 from next year. The five-seater is said to be able to travel 700 kilometers (440 miles) on a single charge. The price has not been announced.

Foxconn, also known as Hon Hai Precision Industry Co., plans to manufacture electric cars and buses for brands in China, North America, Europe and other markets. It is said that clients can change their appearance and features.

The venture contributes to a crowded global market with electric equipment offered by nearly every major automaker and dozens of ambitious startups.

“Hon Hai is sure to redefine the electric vehicle industry,” company founder Terry Gou said in a statement.

Foxconn, headquartered in New Taipei City, Taiwan, is the world’s largest contract assembler of smartphones and other consumer electronics.

Yulon, founded in the 1940s, assembles vehicles for Nissan Motor Co. and other car manufacturers. The company launched its own brand, Luxgen, in 2009.

Luxgen n7 is one of five models proposed for potential buyers.

Foxconn also showed off a five-seat crossover, the Model B, and a five-seat double-cab pickup, the Model V, on Tuesday.

The company previously announced plans for a sedan developed by Italian design house Pininfarina and an electric bus, the Model T.

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Foxconn: www.foxconn.com

Yulon Motor: www.yulon-motor.com.tw