Smartphone maker Foxconn unveils EV for Taiwan brand Yulon
The Taiwanese company that assembles smartphones for Apple Inc. and other global brands has unveiled an electric SUV that will be produced for a Taiwan automaker under a similar contract model
TAIPEI, Taiwan (AP) — The company that assembles smartphones for Apple Inc. and other global brands unveiled an electric SUV on Tuesday that will be produced for a Taiwanese automaker under a similar contract model.
Foxconn Technology Group said the SUV will be sold by Yulon Motor as the Luxgen n7 starting next year. It said the five-seat vehicle should be able to travel 700 kilometers (440 miles) on one charge. No price was announced.
Foxconn, also known as Hon Hai Precision Industry Co., plans to produce electric cars and buses for brands in China, North America, Europe and other markets. It said clients can modify their appearance and features.
The venture adds to a crowded global market with electrics offered by almost every established automaker and dozens of ambitious startups.