Foxconn signs JV with Geely to make EVs and more
Zhejiang Geely Holdings Group (Geely), the strategic partner of national carmaker Proton, alongside Taiwanese electronics manufacturer Foxconn Technology Group, announced a new joint venture on Wednesday to provide contract manufacturing to other global carmakers.
The aim, the companies said, is to help automakers accelerate their transition to new innovative and efficient manufacturing processes and business models based on connected, autonomous, shared and electrified technologies, or known as CASE by the automotive industry.
Geely and Foxconn will each hold a 50% stake in the new venture, which will also provide consulting services relating to whole vehicles, parts, and electric vehicles (EV) technologies, the companies said in a statement.
For Geely, this new venture opens the opportunity to share its SEA electric vehicle platform to other brands, while for Foxconn, it is a step closer towards becoming a reputable EV player.
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JPJ Running Numbers
KUALA LUMPUR
VQR2271
SELANGOR
BSN4792
JOHOR
JYT4741
PULAU PINANG
PSA6781
PERAK
APG1484
PAHANG
CFF8544
KEDAH
KGE8426
NEGERI SEMBILAN
NEJ8190
KOTA KINABALU
SJQ8841
KUCHING
QAB4319N
Last updated 25 Mar, 2026
Fuel Price
Petrol
RON 95
RM 2.59
+0.05
RON 97
RM 3.15
+0.05
RON 100
RM 5.00
VPR
RM 6.23
Diesel
EURO 5 B10
RM 3.04
+0.05
EURO 5 B7
RM 3.24
+0.05
Last updated 26 Feb, 2026
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