Hon Hai Technology Group (Foxconn), world’s largest contract electronics manufacturer and Apple supplier, will establish electric vehicle factories in Europe, India and South America by 2024, as the Taiwanese behemoth seeks to rapidly expand its presence in the booming EV industry, the company chairman Liu Young-wayin said today (Oct 20).
Liu 's announcement comes two days after he unveiled prototypes of electric vehicles developed by Foxtron Vehicles Technologies -- a joint venture between Hon Hai Group and Yulon Motor - Model C (a sport utility vehicle,), Model E (a luxury sedan) and Model T (a bus) in a company event in Taipei
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