Foxconn Plans First In-House EV Launch in North America

Foxconn, the Taiwanese electronics manufacturer traditionally known for contract work, is set to launch its first in-house designed passenger electric vehicle (EV) in the North American market by the end of the year. The vehicle, an SUV called the Model C, has already been supplied to a Taiwanese automaker but will be adapted with new specifications for North American consumers. This move marks Foxconn's significant step from contract manufacturing into becoming an innovative player within the EV sector. The launch will occur through an undisclosed automaker, signaling Foxconn's ambition to expand its footprint in the competitive automotive industry.