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Bloomberg

Hon Hai Makes Case to Build EVs for Japan's Automobile Industry

By and Tsuyoshi Inajima Save Hon Hai Precision Industry Co. wants Japan's carmakers to know it's willing to assemble electric vehicles for them, similar to how it makes PlayStations for Sony Group Corp. and iPhones for Apple Inc., and expects to announce partners in the near future. While Foxconn, as the Taiwanese company is also called, is well known as the world's largest contract manufacturer and the owner of Sharp Corp., more work needs to be done to raise its profile as a potential builder of cars, according to Jun Seki, chief strategy officer of the Taiwanese company's EV business.