Home / Autonomous / Foxconn plans to build multi-billion dollar autonomous vehicle research and development facility

Foxconn plans to build multi-billion dollar autonomous vehicle research and development facility

Foxconn is planning to build multi-billion dollar autonomous vehicle research and development facility in  Michigan. Foxconn is the world’s largest electronics manufacturer and supplier to Apple so its foray into autonomous vehicles is a great development.

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Some news reports have quoted Foxconn Founder and CEO Terry Gou saying that the company will
cooperate with Michigan on next generation auto technology, such as Internet of Vehicle and self-driving cars.

However, the location has not been decided till now but the company is said to be considering a 515-acre site in Lyon Township near Milford Road and Grand River Avenue. The company along with autonomous cars is also interested in Artificial intelligence and deep learning technology.

 

About Piyush Rajan

Asst. Business Editor |Telematics Wire | Smart automotive

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