Foxconn to make electric SUVs with cash-strapped Chinese startup Byton, may invest $200m

Foxconn to make electric SUVs with cash-strapped Chinese startup Byton, may invest $200m

Photo: Reuters

Cash-strapped Chinese startup Byton, Apple assembler Foxconn and the Nanjing Economic and Technological Development Zone have agreed to start building electric sport-utility vehicles in 2022, according to a statement on Monday.

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