TAIPEI -- Foxconn and other Taiwanese electric vehicle manufacturers are poised to expand their bus businesses in Japan and other markets, buoyed by generous subsidies from Taiwan's government.
Taipei subsidizes half vehicle price, spurring companies to expand abroad
Foxconn plans to begin selling its Model T electric bus in Japan in 2027. © Reuters
TAIPEI -- Foxconn and other Taiwanese electric vehicle manufacturers are poised to expand their bus businesses in Japan and other markets, buoyed by generous subsidies from Taiwan's government.