Under $15,000 EV?!?!?!?
Recently Foxconn revealed that it plans to invest at least 5 billion yuan ($811 million) to develop EV manufacturing in China’s Shanxi province, where it already has two factories.
No further details are on offer at the moment, but the company already assembles battery packs for the BAIC E150 EV, a Chinese EV with a 25.6 kWh pack and a 90-mile that starts at around $20,300.
Source: Charged EV’s