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Apple supplier Foxconn plans to invest $200M in Chinese EV startup: Report
short by Aishwarya Awasthi / on Monday, 4 January, 2021
Apple supplier Foxconn is in talks to invest around $200 million in Chinese electric-vehicle startup Byton, Bloomberg reported. Foxconn and Byton aim to start mass production of the Byton M-Byte by the first quarter of 2022. Foxconn is also talking to other Chinese electric-car makers on potential collaborations.
read more at BloombergQuint