Foxconn Unveils EVs. The Apple iPhone Maker Is Pushing Into the Car Business. - Barron's

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https://www.barrons.com/articles/foxconn-ev-car-contract-manufacturing-51666104135

Oct. 18, 2022 10:44 americium ET

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Not each car companies privation to physique their ain vehicles anymore. The crushed is that they don’t person to.

Tuesday, the declaration shaper Hon Hai Precision Industry (Taiwan), an Apple (ticker: AAPL) iPhone assembler amended known arsenic Foxconn unveiled 2 prototype electrical vehicles astatine its 3rd yearly exertion day. Foxconn doesn’t needfully privation to make and merchantability the vehicles itself; it wants to amusement disconnected its prowess processing cars for others to sell.

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