Foxconn, best known as the maker of the iconic Apple iPhone, is looking to enter the electric vehicle (EV) manufacturing space in India, according to people directly in the know who said the Taiwanese contract manufacturer has been in talks with some state governments to further its plans.
Ending the week with a bang (and not a whimper) is this big piece of news: iPhone maker Foxconn is in talks with some Indian states to set the ball rolling regarding its plans to manufacture electric vehicles in India, sources have told us. Because the car is the new device? This and more in todays ETtech Morning Dispatch.