Move over, iPhone – Foxconn is going big on electric vehicles

Foxconn, the major manufacturing supplier to Apple and Tesla, has partnered with Chinese startup Byton to help produce the company’s first electric vehicle, the M-Byte.

The deal could prove an important lifeline for the car manufacturer, which is struggling to produce its first vehicle having unveiled its M-Byte concept car several years ago, and marks a strategic move for Foxconn as it looks to build on its existing presence in the auto industry. 


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