Foxconn, a Taiwanese multinational electronics contract manufacturer, has announced its foray into the electric vehicle industry and plans to manufacture its vehicles in India by 2024. Foxconn Chairman Liu Young-way announced his company’s global manufacturing aspirations just days after revealing its first three concept electric vehicles. Foxconn, according to Liu, is willing to manufacture electric vehicles in countries such as India, Brazil, and other European countries. However, he stated that due to ‘disclosure restrictions,’ a proposed action for Foxconn’s coming to … Continue reading Foxconn plans to manufacture electric vehicles in India by 2024