Apple supplier Foxconn aims to supply to 10% of global electric vehicles
TAIPEI: Foxconn aims to provide components or services for 10% of the world’s electric vehicles (EVs) by between 2025 and 2027, and has been in talks with multiple car manufacturers for future cooperation, Chairman Liu Young-way said on Friday.
The Taiwanese contract manufacturer, formally called Hon Hai Precision Industry Co Ltd and a major supplier to Apple Inc , is looking at fresh growth from sectors such as electric vehicles, digital health and robots in a drive to diversify its global investments.
Automaker Fiat Chrysler said in January it planned to set up a joint venture with Foxconn to build electric cars and develop internet-connected vehicles in China.
“We want to push Taiwan’s EV industry to the world,” Liu said in Taipei on Friday.
