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Geely and Foxconn to jointly build EVs for other carmakers
Terry Gou, Founder of Foxconn, attended the digitally held signing ceremony with Geely, with Young-way Liu, Chairman of Foxconn signing for the latter. The deal is a significant step of the automotive and ICT industry joining forces /Foxconn
Chinese carmaker Geely and Taiwanese electronics giant Foxconn are setting up a joint venture to become contract manufacturers for other companies wanting to build electric cars. Like Apple, for instance? Geely surely has some spare capacity to build more cars at the moment. It looks this Chinese octopus is spreading its tentacles everywhere. And it
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