Taiwan’s Hon Hai Technology Group is in talks with Volkswagen about a vehicle production joint venture in the US, according to reports citing VW sources.
Earlier this year, VW said it planned to reintroduce the Scout off road brand by 2026, creating a separate independent company to design and produce trucks and SUVs in the US for local sale.
Hon Hai, best known as Apple’s main manufacturing subcontractor Foxconn, completed the acquisition of a former General Motors plant in Lordstown, Ohio, earlier this year. The factory, incorporated as Lordstown Motors Corporation, has been converted for electric vehicle production and began limited production of the in-house Endurance BEV pickup truck in October.
VW have subsequently declined to comment on possible JVs while Hon Hai has also not said discussions are taking place. VW is said to have also held similar talks with Magna Steyr, a subsidiary of Canada’s Magna International, which has also been looking for an opportunity to build a vehicle plant in the US. A further but less likely option would be for Volkswagen to build its own [additional] plant in the US.