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Why Apple’s iPhone Maker Is Turning to Cars

Why Apple’s iPhone Maker Is Turning to Cars

Why Apple’s iPhone Maker Is Turning to Cars

Foxconn makes the iPhone for Apple, Playstation for Sony and Kindle for Amazon. Now it wants to make electric cars too.

The center of the Taiwanese company’s plans is a former GM plant in Ohio. But as a generation of startups that wanted to be the next Tesla struggle to raise the money they need, it raises a tantalizing prospect. Could the cars that ultimately roll off the production line in Lordstown ultimately carry the Apple logo?

00:00 Introduction to Hon Hai Precision Industry
00:45 Lordstown Plant
01:35 Contract manufacturing
02:51 Why EVs?
04:08 Inside the Taipei HQ
05:39 Car industry challenges
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