Foxconn eyes Japan for electric vehicle growth, seeks partnerships


FILE PHOTO: A Foxtron Model C electric vehicle (EV) is displayed during a media tour of Foxconn's new showroom in Taipei, Taiwan August 1, 2024. REUTERS/Angie Teo/File Photo

TOKYO (Reuters) - Taiwan's Foxconn sees Japan as a big opportunity for growing its electric vehicle business and hopes to agree on partnerships with Japanese companies as soon as possible, an executive in charge of the business said on Wednesday.

Foxconn's interest in working with Japanese automakers comes as they face a threat from Chinese brands that have turned to battery-powered vehicles to aggressively win share in markets such as Europe, Brazil and Thailand.

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