Photo by Gateway Technical College on Flickr.com
Foxconn, a Taiwanese manufacturer, has declared its intention to eventually start making Tesla vehicles.
Taiwan-based Foxconn, one of Apple’s largest iPhone suppliers, started its studies by taking advantage of the interest in the electric car market.
Foxconn, which will start to establish electric car factories in the USA and Thailand this year, also introduced its new cars.
On the other hand, Elon Musk’s possible response to Foxconn’s remarks is now unknown.
Foxconn discussed its long-term objectives and a potential partnership with Tesla. By 2025, according to CEO Liu, they want to hold a 5% market share in the world’s market for electric vehicles.
In the last several weeks, Foxconn has begun taking pre-orders for the Luxgen n7, its first electric vehicle.