Beyond the Board: How a Diminished Supplier Base Affects Complex PCB Manufacturing Readiness in Defense
Defense Speak Interpreted: Hypersonics Report Back After Six Years of Silence
American Made Advocacy: American Microelectronics Power the Future of High Technology
EV Tech OEM Indigo Technologies Closes Strategic Investment From Foxconn To Accelerate Its Smart EVs Solutions
March 25, 2024 | PRNewswireEstimated reading time: 2 minutes
Indigo Technologies, a robotics focused Smart EV OEM with breakthrough road sensing SmartWheels™ invented by team out of MIT, today announced it has received a strategic investment from Hon Hai Technology Group (Foxconn). The investment, which recently gained regulatory approval after being first announced late last year, accelerates Indigo, the US automotive tech innovator in its development of smart, smooth and efficient light utility EVs designed for sustainable ride hail, delivery and autonomous transportation services.
Indigo EVs will help transportation network companies (TNC) and delivery network companies (DNC), fleet management companies (FMC) and the millions of businesses, taxi drivers and gig economy work force to become more profitable while driving to a more sustainable future.
"Our cities, citizens and businesses need affordable and desirable EVs that improve safety, utility and comfort," says Will Graylin, CEO of Indigo. "We are thrilled to be partnering with Foxconn on the mission to create technology for smart living and deliver the next generation of lighter, more cost effective EVs for sustainable mobility at scale. Foxconn's Chief Strategy Officer for Electric Vehicles Mr. Jun Seki, who was former CEO of Nidec and COO of Nissan, joins Indigo's Board of Directors adding further innovation depth and global supply chain connections as we launch vehicles in 2025".
According to Foxconn, this will support the vision to turn an MIT invention into a global innovation with commercial adoption. Partnered with the largest TNCs, DNCs and FMCs, Indigo's EV software and hardware solutions with TaaS Transport-as-a-Service package will include fleet transport operations and manage autonomous fleet mobility on public roads.
Indigo invented the world's only road sensing SmartWheels™, robotics hardware and software that fully integrates drivetrain and suspension as a tech package, to enable a whole new vehicle architecture, making lighter, more efficient EVs feel incredibly smooth and stable, yet more roomy and affordable. Indigo first SmartWheels™ powered EVs, the FLOW, will have more usable cabin space, a lower flat floor, a smoother ride experience and better unit economics than any vehicle of its class. The FLOW will have 180 cubic feet of space, approximately 200 miles of range, priced near $37K and is expected to hit the roads of America late 2026.
Indigo will also deliver a smaller Smart EV called the DASH with the latest telematics and sensors connected to its cloud software to help fleets lower risks and total-cost-of-ownership while improving service experiences. The DASH will have 90 cubic feet of space, 140 miles of range, priced near $27K and will be in trial 2H 2024, with volume delivery early 2025.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
Safety First: ADAS, Connectivity, and Interfaces on the Road to Reliability
03/06/2026 | Stanton Rak, SF Rak CompanyEVs function as intelligent, software-centric platforms where safety, connectivity, and user experiences are deeply intertwined. Advanced driver assistance systems (ADAS), vehicle connectivity architectures, and digital driver interfaces now play a central role in both vehicle operation and customer perception. EVs provide synergies for ADAS and connectivity because their strong electrical base provides a natural framework for integrating the advanced sensors, telematics, and high-reliability control units required for ADAS and connected systems.
EU’s Relaxation of ICE Ban Set to Double REEV Sales by 2030
01/27/2026 | TrendForceAccording to the latest electric vehicle industry research from TrendForce, range-extended electric vehicles (REEVs) are increasingly emerging as a pivotal transitional solution for automakers shifting toward full electrification.
Global EV SiC Inverter Installations Hit Record High in 3Q25, Penetration Rises to 18%
01/09/2026 | TrendForceTrendForce’s latest investigations indicate that total global traction inverter installations for EVs1 reached 8.35 million units in 3Q25, representing a 22% increase YoY, driven by ongoing growth in the NEV2 market.
The Road to Bengaluru: Skilled Pros Competing in Wire Harness Competitions
12/23/2025 | Arpita Das, Global Electronics AssociationFrom EVs and aerospace to automation and consumer electronics, wire harnesses are essential for reliable connectivity and drive investments in skilled talent, standardization, and innovation. Southeast Asia, the Middle East, Africa, and India are emerging as key hubs, not just to meet the demand of an evolving and growing wire harness market, but also as centers for workforce development and manufacturing.
Collins Elbit Vision Systems' Zero-G Helmet Mounted Display System+ Achieves Key Milestone with U.S. Navy
12/15/2025 | RTXCollins Elbit Vision Systems (CEVS), a joint venture between Elbit Systems of America (Elbit America) and Collins Aerospace, an RTX business, has successfully completed the Critical Design Review for the Zero-G Helmet Mounted Display System+ (HMDS+), tailored specifically to meet the United States Navy’s requirements under the Improved Joint Helmet-Mounted Cueing System (IJHMCS) program.