T.C. Gou, the younger brother of Hon Hai Precision (parent company of Foxconn & Cheng Uei Precision) President Terry Gou, wants to open a chain of 100 retail stores that will sell Apple products.

But Cheng, who was a co-founder of Chinese EV maker NIO and headed Fiat's joint venture in China before joining Foxconn, said Tesla's success with its large Shanghai plant showed how quickly an EV ...