Foxconn Charges Up! Tech Giant Backs New Electric Vehicle Maker

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Foxconn
CC: The Hindu

Tech giant Foxconn just made a big investment in a new electric vehicle (EV) company called Indigo Technologies. This is exciting news for the future of electric transportation, especially for city deliveries and ride-hailing services.

Here’s what makes Indigo’s electric trucks unique:

SmartWheels Technology: Developed by a team from MIT, this cool tech uses robotics and special software to create a whole new way of building electric vehicles.

Focus on Utility: These electric trucks are designed to be useful! They’ll come in two sizes, with plenty of cargo space to handle deliveries and rideshare passengers.

Affordable Prices: Indigo is aiming to make their electric trucks accessible, with starting prices around $27,000.

Foxconn Unveils Model B: A New Player In The Electric Vehicle Market
Foxconn Unveils Model B: A New Player In The Electric Vehicle Market (Credits: Foxconn)

The first Indigo electric truck called the FLOW, will be available by the end of 2026. Their smaller model, the DASH, will hit the road a year earlier in 2025.

This investment by Foxconn is a big boost for Indigo Technologies. With their innovative technology and focus on affordability, Indigo’s electric trucks have the potential to revolutionize the way we get around our cities.

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