A Geely car is displayed at the Beijing International Automotive Exhibition on September 26 last year. The carmaker’s deals with Foxconn and Baidu suggest that it wants to stay ahead of the competition, an analyst says. Photo: Reuters
A Geely car is displayed at the Beijing International Automotive Exhibition on September 26 last year. The carmaker’s deals with Foxconn and Baidu suggest that it wants to stay ahead of the competition, an analyst says. Photo: Reuters

Apple supplier Foxconn and China’s Geely start EV venture to make cars for others, as sector chases its iPhone moment

  • Joint venture will produce original equipment such as whole vehicles, parts, intelligent drive systems, etc for global carmakers
  • Move comes as carmakers chase iPhone-like product that will change the whole segment, analyst says

Topic |   Electric cars
A Geely car is displayed at the Beijing International Automotive Exhibition on September 26 last year. The carmaker’s deals with Foxconn and Baidu suggest that it wants to stay ahead of the competition, an analyst says. Photo: Reuters
A Geely car is displayed at the Beijing International Automotive Exhibition on September 26 last year. The carmaker’s deals with Foxconn and Baidu suggest that it wants to stay ahead of the competition, an analyst says. Photo: Reuters
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