Apple iPhone Maker Foxconn Would Like To Build EVs For Tesla: CEO via insideevs.com
The Taiwanese company aims to push further into EV manufacturing by designing and manufacturing vehicles for other automakers. It already has EV manufacturing deals in place with Yulon Motor in Taiwan as well as Lordstown Motors and Fisker in the US, whereThat said, the company's ambitions go beyond working with startups.
Of course, Tesla doesn't really need the services of a contract manufacturer right now, as it has lots of unused production capacity at its new plants in Austin, Texas, and Berlin, Germany. However, things may change in the future asFoxconn claims that it can cut the design time of a car in half and reduce the development cost by a third for automakers wanting to use its services.
" according to Liu. The company's goal with these vehicles is to showcase its capabilities at a time when many EV startups are jumping into the market.
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