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Taiwan's Foxconn says looking at making EVs in India, other countries

Foxconn Chairman Liu's comments come after Foxconn unveiled its first three electric vehicle prototypes earlier this week

Foxconn Chairman Liu Young
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File Photo: Foxconn Chairman Liu Young-way next to a Foxtron Model C electric vehicle, unveiled at a company event in Taipei | Photo: Reuters

Reuters
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.

"Europe will

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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