Foxconn, a major iPhone maker, wants to sell electric cars

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Foxconn, a major iPhone maker, wants to sell electric cars
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There's a growing chance your next electric car will be built by the same company as your iPhone

There's a solid chance your next electric car — perhaps your first electric car — will be made by the same company as the iPhone in your hand right now.

And no, we're not talking about Apple's long-rumored autonomous vehicle, which Bloomberg reports has beenFoxconn, the Taiwanese electronics giant that assembles all manner of popular devices including the iPhone, iPad, Kindle, and Nintendo Switch, is diving head-first into the world of electric vehicles. But rather than sell EVs under its own brand, it wants to design and manufacture cars for established automakers and the new crop of EV startups.

In other words, what Foxconn currently does for Apple, it hopes to do for Tesla. In October, Foxconn's chairman said the company aims toFoxconn unveiled an electric pickup truck prototype in October.Foxconn unveiled its first EV prototypes last year and has wasted little time lining up a roster of automotive clients. Earlier this year, the iPhone-maker bought a former General Motors plant in Lordstown, Ohio from struggling automotive startup Lordstown Motors.

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