Reported 2 days ago
Taiwan's iPhone manufacturer Foxconn is making significant strides into the electric vehicle (EV) industry, aiming to produce 40% of global EVs. Collaborating with various automotive partners like Yulon Motor and Stellantis, Foxconn's ambitions include developing innovative vehicle technologies, even as traditional automakers like Nissan and Honda seek alliances in response to rising competition from tech giants and EV leaders. Despite facing challenges, including partnerships with bankrupt firms, Foxconn remains focused on launching multiple EV models.
Source: YAHOO