Foxconn brings its first electric car to the road
The electronics giant behind iPhones is entering the auto business with a battery-powered model designed to expand beyond consumer tech.
Foxconn, the electronics giant best known for making iPhones, has unveiled its first electric car. The company is looking to shift part of its industrial strength into the automotive world, betting on a market that is growing quickly.
The debut is an important step for the Taiwanese group, which aims to become a key player in EV manufacturing as well. For now, it is not about going head-to-head with major car brands, but about making a strategic entry into an increasingly important sector.