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Foxconn, Apple interest in EVs point to dramatically different future for automakers



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The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019.Sam Yeh | AFP | Getty ImagesFor a new venture with little revenue, Foxconn’s nascent automotive business is off to a big start this year, inking partnerships to develop new electric cars with Chinese start-up Byton and Hong Kong-based automaker Geely to make electric vehicles. And in between came a headline related to Apple’s long-hyped and slow-developing EV initiative: a statement from South Korea’s Hyundai Motors about a joint venture expected to begin producing cars in 2024 that involved Apple, though the company later walked back the specific mention of …

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