Apple Aapl Supplier Foxconn To Spin Off Ev Manufacturing As Independent Unit After Bringing Amazon Microsoft On Board
This is not investment advice. The author has no position in any of the stocks mentioned. Wccftech.com has a disclosure and ethics policy. Taiwan’s Hon Hai Precision Industry Co. Ltd., also known as Foxconn, has decided to operate its electrical vehicle manufacturing unit independently from the rest of the firm. the company has been aggressively pushing into the contract manufacturing electric vehicle space as of late, as it hopes to target the growing startup industry that is looking to capitalize the increasing demand for electric vehicles....