Hon Hai Group plans to mass-produce Model B electric car by the end of the year

Liu Yangwei, chairman of Hon Hai Group, announced that the company will start mass production preparations for the Model B electric car at the end of the fourth quarter of this year and will accept reservations from the end of this year to early next year. Previously, Hon Hai Group released the crossover SUV Model B and the pickup electric car Model V. Both new cars are named after the "Model" series. Liu Yangwei even challenged Tesla CEO Musk, hoping to build cars for Tesla one day.