Apple supplier Foxconn reaches tentative agreement to build Fisker’s next electric car
Under the agreement, Foxconn will begin production in the 4th quarter of 2023 with a projected yearly volume of more than 250,000 automobiles. Foxconn announced in January 2020 that it had actually formed a joint endeavor with Fiat Chrysler Automobiles to develop electric vehicles in China. The joint endeavor in between Foxconn and Geely will offer consulting services on entire vehicles, parts, smart drive systems and other vehicle environment platforms to car manufacturers as well as ridesharing business.
Under the arrangement, Foxconn will begin production in the 4th quarter of 2023 with a forecasted yearly volume of more than 250,000 cars. Foxconn revealed in January 2020 that it had formed a joint venture with Fiat Chrysler Automobiles to construct electric automobiles in China. The joint endeavor between Foxconn and Geely will provide consulting services on entire lorries, parts, intelligent drive systems and other automotive environment platforms to car manufacturers as well as ridesharing business.