A year ago, electronics maker Foxconn announced its intention to make parts for electric cars, after CEO Liu Young-Way announced in 2019 that it would focus on this market, as well as robotics and medical technology. The Taiwanese company has developed its own modular platform for different sizes of vehicles. The battery is built into the floor and is a structural part of the construction. One or two electric motors can be installed. A joint venture with Fiat Chrysler was also announced in early 2020, in order to catch up with this manufacturer regarding the market.