Foxconn aims to position MIH as the "Android system of the EV industry." MIH plans to build an innovation hub near its Foxconn Ohio facility. Cheng said the innovation hub will bring together ...

The new company called MIH EV Design LLC — named in an apparent nod to Foxconn’s mobility in harmony (MIH) electric-vehicle platform, under which the vehicles will be developed — has a $100 ...

MIH, a Foxconn-led consortium, unveiled its first prototype EV at Japan's Mobility Show, formerly known as Tokyo Motor Show, in October. MIH's 3-seater is slated to launch in 2025 for about 20,000 ...

Under the joint-venture agreement, Foxconn has committed $100 million to the new company, MIH EV Design LLC, including a $45 million loan to Lordstown Motors to support its initial capital commitment.