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Foxconn Chairman: aiming to reach 5% global EV market share by 2030

CNBC · Published by source:

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Hon Hai Chairman Young Liu explains why legacy automakers have been unwilling to outsource EV manufacturing despite intense competition, and he expects that mindset to shift in the next 2-3 years.

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Foxconn Chairman: aiming to reach 5% global EV market share by 2030

Hon Hai Chairman Young Liu explains why legacy automakers have been unwilling to outsource EV manufacturing despite intense competition, and he expects that mindset to shift in the next 2-3 years.