Taiwan tech giant Foxconn (2317.TW) unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc (AAPL.O) and other tech firms. The vehicles – an SUV, a sedan and a bus – were made by Foxtron, a joint venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd (2201.TW) . Foxtron Vice Chairman Tso Chi-sen told reporters that electric vehicles would be worth a trillion Taiwan dollars to Foxconn in five years time – a figure equivalent to around $35 billion. Foxconn, formally called Hon Hai Precision Industry Co Ltd, aims become a major player in the global EV market and has clinched deals with U.S. startup Fisker Inc (FSR.N) and Thailand’s energy group PTT PCL (PTT.BK) . read more “Hon Hai is ready and no longer the new […]