💨 Abstract

Taiwan's Foxconn, also known as Hon Hai Precision Industry, is considering purchasing shares in Nissan for potential cooperation, as Nissan's future partnership with Honda seems uncertain. Foxconn aims for commissioned design and manufacturing services, rather than becoming an auto brand. This move comes as Nissan is open to collaborating with new partners, including Foxconn, to counter threats from electric vehicle entrants like China's BYD.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖