THE IMPLEMENTATION OF FACTORY 4.0
1. Taking into account the latest technological advances, global needs and adapting production to target volumes FOX is implementing the concept of the Factory 4.0: manufacturing and assembling on demand with a systems of micro factories.
2. Micro factories globally enables FOX to decrease by 20 % the costs of production, 10 % the costs of transportation, and gain 30 % on stock production. . Putting it in use for the EV industry, FOX can through its sub-contractor MAGNUM and SJ TECH become the IKEA of the EV industry.