Foxconn unveils three new EV prototypes

At its HHTD21 event, Foxconn unveiled three electric vehicle prototypes including two sedans and an electric bus, according to a Nikkei report and YouTube video. The company said it is "no longer the new kid in town" when it comes to EVs, and aims to develop a business worth up to $NT 1 trillion, or around $36 billion per year.

Foxconn developed the EV prototypes under the Foxtron brand in collaboration with Taiwan's Yulon Motor. The latter has its own brand (Luxgen) and manufactures Nissan and Mitsubishi vehicles for the local market. The prototypes include a luxury sedan, SUV and transit bus, labeled the Model E, Model C and Model T, respectively.