Anirudha Takle’s Post

Foxconn Making Bid for Nissan Foxconn is looking to build on its decades of experience in contract manufacturing to establish a foothold in the global EV market Foxconn, the Taiwanese manufacturing giant renowned for assembling Apple products, is reportedly exploring the acquisition of Nissan as part of its ambitious foray into the electric vehicle (EV) market. The interest, driven by Foxconn's need to strengthen car hardware manufacturing and design capabilities, reflects its strategy to apply its proven contract manufacturing model to EV production. Nissan's expertise in vehicle chassis and body manufacturing is a valuable asset. Jun Seki, a former Nissan executive and current head of Foxconn’s EV business, acts as a key bridge between the companies. This development coincides with discussions between Nissan and Honda regarding a merger. My Take  Foxconn’s inroad into the EV market signals a major disruption in traditional automotive manufacturing, potentially setting a precedent for outsourced car production. Automakers could unlock efficiencies by collaborating with Foxconn, but they must weigh the risks of losing core manufacturing expertise to tech giants like Foxconn. #Foxconn #Nissan #ElectricVehicles #EVRevolution #AutomotiveIndustry #TechInnovation #BusinessStrategy #FutureOfMobility Link to article: https://lnkd.in/efcyu-5W Credit: Wall Street Journal This post was enhanced with AI assistance, thoroughly reviewed, edited, and reflects my own thoughts. Get Ahead with the Latest Tech Insights!  Explore my searchable blog: https://lnkd.in/eWESid86

The automotive landscape is shifting at lightning speed, and the latest news about Foxconn discussing a bid for Nissan, alongside Honda and Nissan exploring a potential merger, underscores the urgency for traditional players to adapt. With the Chinese EV market growing exponentially, legacy automakers are under pressure to innovate and collaborate to stay competitive. Meanwhile, new kids on the block like Tesla, Rivian, and Lucid have already set a high bar for performance, technology, and design, forcing the industry to rethink what’s possible. Moves like these could signal a new era of alliances and partnerships, blending heritage with cutting-edge innovation to compete in a rapidly evolving market. The question is: can legacy automakers catch up and keep pace with the disruptors? What do you think? Are these partnerships enough to hold ground in the ever-expanding EV landscape? #EVInnovation #AutomotiveIndustry #Foxconn #Nissan #Honda #LucidMotors #Tesla #ElectricVehicles https://lnkd.in/guDFZxwu

Foxconn has discussed making bid for Nissan. The contract manufacturing giant has been weighing acquiring Nissan as part of plans to expand its nascent electric-vehicle business, according to people familiar with the matter. TOKYO—Foxconn, the Taiwanese contract manufacturing giant best known for assembling Apple products, has been discussing acquiring Nissan as part of plans to expand its nascent electric-vehicle business, according to people familiar with the matter. Foxconn has a particular interest in the Japanese automaker’s core assets, including its skill in car hardware manufacturing and design, they said. They added that Jun Seki, a former Nissan executive who now leads Foxconn’s EV business, has played a pivotal role in forging communication channels between the two companies

Foxconn's interest in acquiring a stake in Nissan reflects a strategic expansion into the automotive sector, specifically targeting the growing electric vehicle (EV) market. As a leading electronics manufacturer known for assembling iPhones, Foxconn is looking to leverage Nissan's well-established sales channels and supply chains to enhance its capabilities and market reach. This move aligns with Foxconn's diversification efforts beyond electronics manufacturing, allowing it to tap into Nissan's experience in car production and the ongoing global shift towards electrification. By partnering with a traditional automaker, Foxconn aims to accelerate its electrification goals and establish a significant presence in the automotive industry.

When Titans Talk, the Industry Listens! Honda, a $45 billion engineering giant, and Nissan Motor Corporation, the force behind the iconic Leaf EV with over 600,000 global sales, are on the brink of a transformative merger. With Foxconn—the world’s largest electronics manufacturer—keen on a stake, this alliance promises to combine cutting-edge technology with decades of automotive legacy. This collaboration marks a pivotal moment for the EV revolution, potentially creating ripple effects across the global supply chain. For India, the implications are immense—accelerated adoption of EVs, strengthened manufacturing capabilities, and a significant push toward its goal of becoming a global EV hub. 🌍 #HondaNissanMerger #EVRevolution #ElectricMobility #FoxconnStake #EVIndia #Electronics

Foxconn, the Taiwanese contract manufacturing giant renowned for assembling Apple products, is in talks to acquire Nissan Motor Corporation as part of its strategy to expand its growing electric vehicle (EV) business. Foxconn is particularly interested in the Japanese automaker’s core strengths, including its expertise in car hardware manufacturing and design. #MergersAcquisitionsDivestitures #Automotive #ElectricVehicle

Following a 90% drop in profit, Nissan announced plans to reduce capacity by 20% and eliminate 9000 jobs. According to reports, Honda and Nissan are thinking about collaborating on a number of fronts. According to reports, Mitsubishi Motor is also thinking about joining the group. Conversely, Foxconn, the massive electronics company from Taiwan, is in negotiations with Renault SA to purchase the shares. Foxconn hopes to market EVs by utilizing Nissan's extensive network and gaining knowledge from their long history in the automotive industry. It will take time to determine who and when they will collaborate, but does this present a problem for BYD (CN) and Tesla (US)? Please let me know what you think of this advancement. #EV #StrategicAlliance #Japan

🤔 Is Apple considering acquiring with Rivian? 🍎 An automotive "One More Thing" at Apple's Keynote tonight? After pulling the plug on its own automotive plans, and seeing a cold reception to its new gen CarPlay, already boycotted by Mercedes-Benz and GM, DIGITIMES Asia reports Apple is interested in finding an automotive start-up to partner with to finally set a foot in the industry. 🤝 Acquisition? Partnership? One sure thing, Rivian would be the perfect target for such deal. The cool kid of the automotive industry is at the forefront on the infotainment side, but its manufacturing problems mixed with the required investments in AI to keep the pace of other OEMs means it would certainly welcome such help in a context of dire finances. 🎁 It would also be a win-win deal: Apple is being distanced by Google in the automotive industry (and soon by Amazon) and have been shown by Xiaomi "how it could have done it". ➡️ In the end, is Apple finding a partner to showcase its technologies and better grasp the complexity of the industry before reconquering the other OEMs, an acquisition or a bigger comeback? Or will it skip a step? Source: https://lnkd.in/e6fpuVeh #apple #genai #rivian #infotainment #adas

Very interesting as Foxconn has also been interested in a Nissan stake for some time as a precursor to getting into EV manufacturing. Unprecedented as to how many major drivers are in play for the structural shifts in the auto industry, i.e. EVs, evolving consumer expectations for seamless digital experiences on the move, the entry of Chinese brands into Western markets, declining demand for Western brands in China, significant geopolitical headwinds and associated SC restructuring.

Foxconn Considers Nissan Acquisition to Expand EV Business Foxconn, the Taiwanese manufacturing giant known for assembling Apple products, is reportedly exploring the possibility of acquiring Japanese automaker Nissan to strengthen its position in the electric vehicle (EV) market. This strategic move represents a significant potential shift in the automotive industry landscape. The potential acquisition is being facilitated by Jun Seki, a former Nissan executive who now leads Foxconn's EV division. Foxconn's primary interest lies in Nissan's core strengths, particularly its expertise in automobile manufacturing and design capabilities. This development comes at a time when Nissan is also in discussions with Honda about potential future collaborations or a merger, though no final decisions have been made on either front. Foxconn, also operating under the name Hon Hai Precision Industry, aims to leverage its extensive contract manufacturing experience in the EV sector. The company's strategy appears to mirror its successful business model in consumer electronics, where it manufactures products for major brands like Apple (iPhones) and Sony (PlayStations). By potentially acquiring Nissan, Foxconn would gain immediate access to established automotive manufacturing expertise and infrastructure. This move represents a significant step in Foxconn's diversification strategy, as the company seeks to expand beyond its traditional electronics manufacturing base into the rapidly growing electric vehicle market. The potential acquisition would combine Foxconn's manufacturing prowess with Nissan's automotive industry experience, potentially creating a powerful force in the global EV market. Neither Foxconn nor Nissan has officially commented on these reports, indicating that discussions may be in preliminary stages or that both companies are maintaining strategic silence while negotiations potentially proceed. Source: https://lnkd.in/d6N_ZBfE #financialmarket  #investing  #foxconn  #economicgrowth  #forexnews