Apple assembler Foxconn aims to supply to about 3 million EVs by 2027 | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

  • Date: 16-Oct-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Transport
  • Country:Middle East
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Apple assembler Foxconn aims to supply to about 3 million EVs by 2027 | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Reuters

Foxconn <2354.TW> aims to provide components or services to 10% of the world's electric vehicles (EVs) by between 2025 and 2027, and has been in talks with multiple car manufacturers for future cooperation, Chairman Liu Young-way said on Friday.

The Taiwanese contract manufacturer, formally called Hon Hai Precision Industry Co Ltd and a major supplier to Apple Inc <AAPL.O> is looking at growth from sectors such as