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iPhone Assembler Foxconn to Build Cars for US' Fisker


iPhone Assembler Foxconn to Build Cars for US Fisker
Zhang Yushuo
iPhone Assembler Foxconn to Build Cars for US Fisker
(Yicai Global) Feb. 25 Taiwan’s Hon Hai Technology Group, better known as Foxconn, will make cars for US new energy vehicle manufacturer Fisker as the Apple contractor diversifies beyond smartphones.
The project, codenamed PEAR for Personal Electric Automotive Revolution, will start production at the end of 2023, the two parties said today. Taipei-based Foxconn will produce over 250,000 vehicles a year and they will be sold across the world including North America, Europe, China and India.
“The Fisker and Foxconn partnership brings together two global leaders in innovation that will join forces to unlock the potential of the electric vehicle industry,” said Foxconn Chairman Liu Young-way. “The collaboration between our firms means that it will only take 24 months to produce the next Fisker vehicle – from research and developm ....

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Volvo Cars, Geely Auto combine powertrain operations after merger


SOURCE / COMPANIES
By Global Times Published: Feb 24, 2021 09:51 PM
File photo taken on May 24, 2017 shows a worker walks past newly-assembled cars at the Volvo Car Gent in Ghent, Belgium. Volvo Car Gent, the second largest Volvo assembly line except that in Sweden, was purchased by the Chinese car manufacturer Geely Holding Group in 2010.Photo:Xinhua
The Chinese private auto company, Geely Auto, and Sweden s Volvo Cars agreed on a broad collaboration for synergies, including combining their powertrain operations with a focus on next-generation hybrid systems and internal combustion engines, Geely said on late Wednesday.
The plan came after a merger plan was scrapped, according to media reports. ....

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Volvo and Geely Auto to remain independent but announce stronger collaboration

Volvo and Geely Auto to remain independent but announce stronger collaboration
thecourier.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecourier.co.uk Daily Mail and Mail on Sunday newspapers.

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