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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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<blockquote data-quote="Babagounj" data-source="post: 5429253" data-attributes="member: 12952"><p>Tuesday, the contract manufacturer <a href="https://www.marketwatch.com/articles/foxconn-ev-car-contract-manufacturing-51666104135?mod=mw_quote_news#phrase-company?ref=COMPANY%7C2317.TW;onlineSignificance=prominent" target="_blank">Hon Hai Precision Industry</a> (Taiwan), an <a href="https://www.marketwatch.com/investing/stock/AAPL?mod=MW_story_quote" target="_blank">Apple</a> iPhone assembler better known as <a href="https://www.marketwatch.com/investing/stock/2317?countryCode=TW&mod=MW_story_quote" target="_blank">Foxconn</a>, <a href="https://www.honhai.com/en-us/press-center/press-releases/latest-news/903" target="_blank">unveiled</a> two prototype electric vehicles at its third annual technology day. Foxconn doesn’t necessarily want to develop and sell the vehicles itself; it wants to show off its prowess developing cars for others to sell.</p><p>The Model B is a crossover-size vehicle, while the Model V is an all-terrain pickup truck.</p><p>Foxconn has had automotive ambitions for years. The company unveiled an SUV called the Model C in 2021. That car is due to hit roads in 2023. It is being made and sold in partnership with Taiwanese auto maker <a href="https://en.smartcity.org.tw/index.php/en-us/posts/news/item/129-foxconn-yulon-motor-form-joint-venture-on-developing-ev" target="_blank">Yulon Group</a>.</p><p>Foxconn <a href="https://www.marketwatch.com/articles/lordstown-foxconn-close-deal-ev-51652309842" target="_blank">has also purchased</a> a car assembly plant from <a href="https://www.marketwatch.com/investing/stock/RIDE?mod=MW_story_quote" target="_blank">Lordstown Motor</a> and will build <a href="https://www.marketwatch.com/investing/stock/RIDE?mod=MW_story_quote" target="_blank">Lordstown</a>’s Endurance pickup truck.</p><p> And <a href="https://www.marketwatch.com/investing/stock/FSR?mod=MW_story_quote" target="_blank">Fisker</a> is working with Foxconn to develop and build <a href="https://www.marketwatch.com/investing/stock/FSR?mod=MW_story_quote" target="_blank">Fisker</a>’s second model called <a href="https://www.marketwatch.com/articles/fisker-electric-vehicle-pear-ev-51644944421" target="_blank">the Pear</a>.</p><p><a href="https://www.marketwatch.com/investing/stock/FSR?mod=MW_story_quote" target="_blank">Fisker</a> isn’t building its first vehicle, the Ocean SUV, either. <a href="https://www.marketwatch.com/investing/stock/MGA?mod=MW_story_quote" target="_blank">Magna International</a> (MGA) <a href="https://www.marketwatch.com/articles/startup-fisker-picks-magna-to-build-electric-suv-win-for-both-51602775730" target="_blank">is building</a> that car for them.</p><p> Magna has years of experience building some lower-volume cars for global automakers. </p><p>The Ocean SUV is due on roads in 2023.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 5429253, member: 12952"] Tuesday, the contract manufacturer [URL='https://www.marketwatch.com/articles/foxconn-ev-car-contract-manufacturing-51666104135?mod=mw_quote_news#phrase-company?ref=COMPANY%7C2317.TW;onlineSignificance=prominent']Hon Hai Precision Industry[/URL] (Taiwan), an [URL='https://www.marketwatch.com/investing/stock/AAPL?mod=MW_story_quote']Apple[/URL] iPhone assembler better known as [URL='https://www.marketwatch.com/investing/stock/2317?countryCode=TW&mod=MW_story_quote']Foxconn[/URL], [URL='https://www.honhai.com/en-us/press-center/press-releases/latest-news/903']unveiled[/URL] two prototype electric vehicles at its third annual technology day. Foxconn doesn’t necessarily want to develop and sell the vehicles itself; it wants to show off its prowess developing cars for others to sell. The Model B is a crossover-size vehicle, while the Model V is an all-terrain pickup truck. Foxconn has had automotive ambitions for years. The company unveiled an SUV called the Model C in 2021. That car is due to hit roads in 2023. It is being made and sold in partnership with Taiwanese auto maker [URL='https://en.smartcity.org.tw/index.php/en-us/posts/news/item/129-foxconn-yulon-motor-form-joint-venture-on-developing-ev']Yulon Group[/URL]. Foxconn [URL='https://www.marketwatch.com/articles/lordstown-foxconn-close-deal-ev-51652309842']has also purchased[/URL] a car assembly plant from [URL='https://www.marketwatch.com/investing/stock/RIDE?mod=MW_story_quote']Lordstown Motor[/URL] and will build [URL='https://www.marketwatch.com/investing/stock/RIDE?mod=MW_story_quote']Lordstown[/URL]’s Endurance pickup truck. And [URL='https://www.marketwatch.com/investing/stock/FSR?mod=MW_story_quote']Fisker[/URL] is working with Foxconn to develop and build [URL='https://www.marketwatch.com/investing/stock/FSR?mod=MW_story_quote']Fisker[/URL]’s second model called [URL='https://www.marketwatch.com/articles/fisker-electric-vehicle-pear-ev-51644944421']the Pear[/URL]. [URL='https://www.marketwatch.com/investing/stock/FSR?mod=MW_story_quote']Fisker[/URL] isn’t building its first vehicle, the Ocean SUV, either. [URL='https://www.marketwatch.com/investing/stock/MGA?mod=MW_story_quote']Magna International[/URL] (MGA) [URL='https://www.marketwatch.com/articles/startup-fisker-picks-magna-to-build-electric-suv-win-for-both-51602775730']is building[/URL] that car for them. Magna has years of experience building some lower-volume cars for global automakers. The Ocean SUV is due on roads in 2023. [/QUOTE]
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Only 5% of next car purchasers expect to buy all electric cars-Road and Track.
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