iPhone Maker Foxconn, Saudi Arabia Enter EV Market ...Middle East

Riyadh: iPhone maker Foxconn and Saudi Arabia’s sovereign wealth fund have formed a joint venture called ‘Ceer’ to build and sell electric vehicles. The joint venture will license component technology from BMW to use in the vehicle development process. Foxconn said in a statement that it will develop the electrical architecture of the vehicles which will […] The post iPhone Maker Foxconn, Saudi Arabia Enter EV Market appeared first on Ommcom News.

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