- Foxconn, known for its iPhone manufacturing business, is going into the lucrative electric crossover market.
- Through its Foxtron joint venture, the Taiwanese company unveiled a Tesla Model Y competitor.
- The Cavira boasts a longer wheelbase than the Model Y and is powered by an LFP battery.
Foxconn, the Taiwanese company that’s probably best known for its iPhone assembly lines, wants to get serious about making electric cars. So serious, in fact, that it wants a piece of the pie that the ubiquitous Tesla Model Y currently dominates.