Foxconn targets India, Thailand for production of their new small battery-powered car

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MIH has been in talks with convenience stores, car rental companies and courier companies ahead of unveiling its first prototype EV at Japan’s largest auto trade show in October, Cheng added. The Taiwanese company’s EV platform unit Mobility in Harmony (MIH) would be willing to work with its parent or another company to build the new three-seat EV priced below $20,000 and tailor-made for a corporate delivery fleet, MIH CEO Jack Cheng told Reuters in an interview. Taipei: Foxconn’s venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered...