Apple Supplier Foxconn Unveils Electric Vehicles
Faizan Hashmi 2 months ago Mon 18th October 2021 | 01:40 PM
Taipei, (UrduPoint / Pakistan Point News - 18th Oct, 2021 ) :Taiwanese tech giant Foxconn unveiled three electric vehicles on Monday, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
But it has been moving fast to diversify beyond electronics assembly and has ploughed money into electric vehicles, including a joint venture with local automaker Yulon Motor and purchasing a struggling auto plant in Ohio.
The models unveiled on Monday -- a sedan, an SUV and a bus -- are concept vehicles that Foxconn hopes it could build with other manufacturers.
Foxconn's founder Terry Gou drove their "Model E" sedan to the presentation and said the company's EVs "demonstrate Taiwan's overall industrial strength".
Its "Model T" electric bus could start operating in southern Kaohsiung city as early as next year if it passes the transport ministry's review, vice premier Shen Jong-chin said.
It has been widely reported for years that Apple has a secret electronic car project, something Foxconn could be in an ideal place to partner on given its existing relationship with the Californian giant.
Taiwanese high-tech chip foundries are some of the world's biggest and most advanced and have been ramping up production to meet the demand.