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
VRS2271
SELANGOR
BSU1401
JOHOR
JF384J
PULAU PINANG
PSF9490
PERAK
APL8039
PAHANG
CFH8716
KEDAH
KGJ3035
NEGERI SEMBILAN
NEM1410
KOTA KINABALU
SJU3520
KUCHING
QAB6589P
Last updated 30 Sep, 2026
Fuel Price
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RON 95
RM 3.97
+1.38
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RM 4.90
+1.75
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RM 7.20
+2.20
VPR
RM 8.23
+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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