Foxconn hopes to build cars priced under US$15,000,
according to Gou. The contract manufacturer already
develops electric car batteries, which he said were in demand.
Look out, Tesla.
Being that the batteries are the expensive part of an electric car, Foxconn could get to the mass market before Tesla, and possibly set back the market if the experience sucks.
http://www.pcworld.com/article/2900452/foxconn-partners-with...
Look out, Tesla.Being that the batteries are the expensive part of an electric car, Foxconn could get to the mass market before Tesla, and possibly set back the market if the experience sucks.