Taiwan’s Foxconn says looking at making EVs in India, other countries
Taiwan tech giant Foxconn is looking at making electric vehicles (EVs) in Europe, India and Latin America, including “indirectly” cooperating with German automakers, Chairman Liu Young-way said on Wednesday.
Foxconn, formally called Hon Hai Precision Industry Co Ltd, aims to become a major player in the global EV market and has clinched deals with U.S. startup Fisker Inc and Thailand’s energy group PTT PCL.
Speaking to reporters at a business forum in Taipei after unveiling three EV prototypes on Monday, Liu said that due to disclosure restrictions he couldn’t provide any details of its plans for Europe, India and Latin America.
