The MIH Consortium, an electric vehicle (EV) alliance led by Taiwan-based manufacturing giant Hon Hai Precision Industry Co (鴻海精密), plans to introduce its first commercial electric vehicle prototype in October, it said on Wednesday.
Work on the A-segment Project X demonstration EV is progressing well, MIH CEO Jack Cheng (鄭顯聰) said in an interview at the Taipei International Automobile Electronics Show.
The three-seat EV is likely to be completed in October and begin mass production in 2025, he said.
Photo: Ann Wang, Reuters
The consortium also plans to unveil concepts for a six-seat version of the vehicle next year and a nine-seater in 2025, Cheng said.
MIH plans to focus the vehicle’s promotion on transportation and logistics companies, he said.
MIH had said earlier that the three-seat Project X vehicle would retail at under US$20,000, while buyers would be able to choose from a wide range of customization options via the MIH “build your own vehicle” model.
Photo: Ann Wang, Reuters
MIH has been working with Hon Hai and Thailand’s PTT PCL to extend the consortium’s supply chain into Thailand, where it plans to set up a technological innovation center, Cheng said.
Created to serve the MIH EV open platform, the MIH consortium became operational in July 2021 as part of Hon Hai’s efforts to enter the EV market and diversify from contract manufacturing into hardware and software capabilities.
The open platform was initiated by Hua-chuang Automobile Information Technical Center Co (華創車電), a subsidiary of Taiwan’s Yulon Motor Co (裕隆), and aims to become what executives called “the Android of the EV industry.”
The MIH alliance has 2,621 members in 69 countries and regions around the world.
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