Skip to content
Subscriber Only
Markets
Odd Lots

Foxconn Has a Plan to Upend the Electric Vehicle Industry

Can Foxconn supply all the key parts to automakers around the world?

The interior of Foxconn Technology Group's Foxtron Model E concept electric sedan unveiled at the Hon Hai Tech Day event in Taipei, Taiwan, on Monday, Oct. 18, 2021. Foxconn unveiled its first electric vehicles, a milestone that could boost the Taiwanese electronics manufacturer's credentials as a serious bidder for Apple Inc.'s secretive automotive project.
The interior of Foxconn Technology Group's Foxtron Model E concept electric sedan unveiled at the Hon Hai Tech Day event in Taipei, Taiwan, on Monday, Oct. 18, 2021. Foxconn unveiled its first electric vehicles, a milestone that could boost the Taiwanese electronics manufacturer's credentials as a serious bidder for Apple Inc.'s secretive automotive project.Photographer: I-Hwa Cheng/Bloomberg

Listen to Odd Lots on Apple Podcasts
Listen to Odd Lots on Spotify

Most people think of Foxconn as the company that assembles iPhones. But it's a lot more than that. In fact the company really got started by manufacturing all of the tiny components and connectors for the PC industry around the world, long before the iPhone ever existed. Now it wants to go back to its roots, but instead of making parts for PCs, it wants to make all the key components for electric vehicles. The potential is massive, and if they get it right, it could be wildly profitable. On this episode of the podcast, we speak to Bloomberg Opinion's Tim Culpan, who has followed the company for a long time. He explains how EVs fit into Foxconn's strategy, and how it plans to win in the space. 

Foxconn Has a Plan to Upend the Elect...