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Foxconn unveils new EV models, eyes opportunities amid industry turbulence

Foxconn is set to host its fifth annual Hon Hai Tech Day on October 8-9, where it will showcase its latest electric vehicle (EV) developments. At a pre-event press conference on October 1, the company announced plans to debut a multi-passenger minibus, dubbed Model U, in addition to the previously unveiled SUV-like Model D.