Apple Supplier Foxconn Eyes Second Japanese EV Deal To Counter China's Auto Surge
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Apple supplier Foxconn is preparing to announce a partnership with a second Japanese automaker to enhance its electric vehicle (EV) initiatives. Chairman Young Liu revealed this at the annual investor meeting, indicating that one partnership with Mitsubishi Motors is already established. This move aims to counter the growing influence of Chinese EV brands in global markets, particularly in Europe, where companies like BYD and NIO are expanding their presence.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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