Taiwan's Foxconn shows off three electric vehicle prototypes

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WATCH: Taiwan's tech giant Foxconn unveils prototypes of its electric vehicles

"Hon Hai is ready and no longer the new kid in town," Foxconn Chairman Liu Young-way told the event timed to mark the birthday of the company's billionaire founder Terry Gou.

Gou drove the sedan, which was jointly developed with Italian design firm Pininfarina, onto the stage to the tune of "Happy Birthday". The sedan will be sold by an unspecified carmaker outside Taiwan in the coming years, while the SUV will be sold under one of Yulon's brands and is scheduled to hit the market in Taiwan in 2023.

The bus, which will carry a Foxtron badge, will start running in several cities in southern Taiwan next year in a partnership with a local transportation service provider.

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