Foxconn CEO Wants To Make EVs

Certainly, Young Liu has heard the auto industry cliche that modern vehicles are “iPhones on wheels.” Cars and SUVs are packed with computer chips, sophisticated sensors, touchscreens and data connections.
Liu knows a lot about iPhones. As a manufacturer for Apple, the company he runs as CEO, Hon Hai Technology Group, better known as Foxconn, makes most of the iPhones in the world.
But now the company wants to try something new, designing and building electric cars.

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