Foxconn has been known as the world’s electronics giant. This Apple iPhone manufacturing contract just bought the Lordstown Motors factory.
Recently, Reuters reported that Volkswagen may be in talks with Foxconn to get the Taiwanese electronics giant to manufacture Scout Motors electric trucks and SUVs.
There are no further details regarding the talks between Foxconn and Volkswagen. The information itself comes from an “insider source” cited by Automobilwoche.
Foxconn is also known to want to enter the electric vehicle market. Foxconn has a Lordstown Motors factory and the Taiwanese manufacturer has set an ambitious goal of a 5% EV manufacturing market share by 2025. Foxconn is also known to work with companies such as Fisker, Ceer, INDIEV and Monarch Tractor.
Meanwhile, Volkswagen is targeting Scout Motors electric vehicles for sale in the US starting in 2026. Therefore, a deal with Foxconn could help achieve their goal.
Very little is known about Scout Motors’ electric trucks and SUVs. The Volkswagen brand focuses on the off-roading segment, competing with brands such as Rivian, Ford and Jeep.
The Scout Motors brand was supposed to be designed, built, and manufactured in the United States as Volkswagen’s attempt to appeal to the traditional, domestic-focused pickup truck market.
Pickup trucks are one of the most significant vehicle segments sold in the United States. For this segment, electric pickup trucks from Scout Motors will compete with the Ford F-150 Lightning, Rivian R1T, Hummer EV and Tesla Cybertruck.