IPHONE MAKER AND SAUDI ARABIA IN TALKS TO BUILD BMW-BASED EVS

A deal could be signed before the year's end. The Foxconn Technology Group is in talks with Saudi Arabia for a potential joint venture company focused on building electric vehicles. The information is not official yet, but a new report from Automotive News cites “people familiar with the matter” who told the publication Saudi Arabia's Public Investment Fund will establish a new company named V...

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