TAIPEI/HANOI: Taiwan's Foxconn is in early stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles, two sources familiar with the matter told Reuters.
Foxconn declined to comment. A Vingroup spokesman said the company had no information on the matter to provide. Its ambitions threaten to shake up the industry, offering Apple and other non-traditional players a shortcut to competing in the vehicle market.VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.
VinFast, which also produces electric motorbikes and buses, said this month it had set up an electric vehicle battery venture with Taiwan's ProLogium.
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