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The Apple iPhone producer Foxconn desires to be the Android for electrical automobiles with a brand new car platform

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The Foxconn logo will be displayed on a Foxconn building in Taipei on January 31, 2019.

Sam Yeh | AFP | Getty Images

GUANGZHOU, China – Foxconn, the Taiwanese company that assembles Apple's iPhone, has launched a platform to help automotive companies make electric cars.

The tech giant is best known as a leading manufacturer of consumer electronics products such as smartphones. However, the latest announcement is forcing Foxconn into what Allied Market Research said could be worth over $ 800 billion by 2027 to diversify its business.

William Wei, an executive at Foxconn, said the company's goal is to become the Android of electric vehicles, modeled on Google's mobile operating system.

"We believe this is our mission," he said.

Android, the world's largest mobile operating system in terms of market share, was able to assert itself through open source. This means that smartphone manufacturers use the almost finished software on their smartphones, but can also adapt it to their needs. In comparison, Apple's iOS is only intended for iPhones and is strictly controlled by the Cupertino-based giant.

With this in mind, Foxconn introduced the so-called "MIH Open Platform". It's essentially a set of tools a company can use to design large chunks of an electric car that Foxconn makes.

Automakers can choose the chassis design of their cars from SUVs to sedans and customize it however they want, from the spacing of the wheels to the size of the battery. Foxconn calls its platform "modular," which means that some components could be replaced and updated at a later date.

Foxconn also offers software that developers can build on. Some of this relates to business-critical functions and driverless cars.

It seems that Foxconn is trying to bring together almost all of the parts that are required for an entire car.

The company is currently working on so-called solid-state batteries, which are seen as an advancement of the next-generation lithium-ion batteries currently used in cars. You could unlock more ranges and more efficiency. Foxconn expects to introduce a solid-state battery in 2024.

"After 2025, anyone who masters solid-state battery technologies will dominate the industry," said Jerry Hsiao, chief product officer at Foxconn.

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Katherine Clark