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
VQW7926
SELANGOR
BSP7495
JOHOR
JYW2126
PULAU PINANG
PSC476
PERAK
APH2743
PAHANG
CFG4280
KEDAH
KGF7189
NEGERI SEMBILAN
NEK3364
KOTA KINABALU
SJR7558
KUCHING
QAB7231N
Last updated 09 May, 2026
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+2.00
Diesel
EURO 5 B10
RM 5.12
+2.08
EURO 5 B7
RM 5.32
+2.08
Last updated 30 Apr, 2026
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