Foxconn Unveils Pickup, Crossover Models to Expand EV Lineup

(Bloomberg) — Foxconn Technology Group took the wraps off two new electric vehicles Tuesday, prototypes that embody the iPhone maker’s ambitions of carving out a manufacturing role in a market led by Tesla Inc.

The company, whose main publicly traded arm is Hon Hai Precision Industry Co., unveiled the Model B crossover SUV and Model V pickup truck at an event in Taipei. Foxconn founder Terry Gou, 72, introduced the Model B by driving it onto the stage. The pickup will be produced in Taiwan, Thailand and the U.S., Hon Hai Chairman Young Liu said.