VW, Foxconn in talks to partner on Scout electric trucks

Asian Tech Press (Nov 30) -- Volkswagen is in talks with Foxconn to produce its upcoming Scout electric trucks, sources said.

Foxconn, best known as the world's largest iPhone assembler, entered the automotive industry, completing its acquisition of Lordstown Motors' Ohio plant in May, with the goal of capturing 5% market share in electric vehicle manufacturing by 2025.

Foxconn's reputation in electronics manufacturing makes it an attractive option as a manufacturing partner for startups and traditional automakers.

Volkswagen may be in talks with Foxconn to have the Taiwanese foundry giant produce the upcoming Scout electric truck, German newspaper Automobilwoche reported, citing Volkswagen company sources.

Volkswagen announced its Scout Motors brand in May of this year, which focuses on the off-road segment and competes with brands like Rivian, Ford and Jeep.

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