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Taiwan's Foxconn plans move into passenger EVs with Luxgen buy, industry sources say

Annabelle Shu, Taipei
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Credit: DIGITIMES

Foxtron Vehicle Technologies, the electric-vehicle joint venture backed by Foxconn Technology Group, is reportedly preparing to acquire Luxgen, the homegrown auto brand under Taiwan's Yulon Motor Group, as part of Foxconn's broader push to strengthen its EV...

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