Foxconn’s CEO hopes to one day make Tesla’s cars
by Jon Porter from The Verge - All Posts on (#64VQ6)
Foxconn founder Terry Gou introduces the prototype Model B. | Photo by SAM YEH/AFP via Getty Images Foxconn's chairman and CEO Liu Young-way hopes to one day be in a position to produce electric cars for Tesla as the iPhone assembler expands into transportation. Liu made the comments at the unveiling of two new Foxconn electric car prototypes - the Model B crossover and Model V pickup truck - which the contract manufacturer hopes will serve as reference designs for companies who want to outsource manufacturing of their own EVs.
Foxconn is not in the business of selling its own EV brand," Liu said at its annual tech day, in comments reported by the Financial Times. I hope one day we can do Tesla cars for Tesla," he added.
The company has ambitious targets for its fledgling EV business. Based on our past records for the PC and...