People works on machines in Foxconn factory in Guiyang, Guizhou Province, on 28 May 2018. Photo: EPA-EFEPeople works on machines in Foxconn factory in Guiyang, Guizhou Province, on 28 May 2018. Photo: EPA-EFE
People works on machines in Foxconn factory in Guiyang, Guizhou Province, on 28 May 2018. Photo: EPA-EFE

The main assembler of iPhones gets into the business of making electric cars as Hon Hai ties up in a venture with Fiat Chrysler

  • Hon Hai Precision Industry and its subsidiaries will hold 50 per cent of the venture, while Fiat Chrysler holds the remainder, according to a filing
  • The venture is aiming to target the Chinese market, and consider exports later
Topic |   Electric cars
People works on machines in Foxconn factory in Guiyang, Guizhou Province, on 28 May 2018. Photo: EPA-EFEPeople works on machines in Foxconn factory in Guiyang, Guizhou Province, on 28 May 2018. Photo: EPA-EFE
People works on machines in Foxconn factory in Guiyang, Guizhou Province, on 28 May 2018. Photo: EPA-EFE
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