[transportation] Taiwanese iPhone Supplier Foxconn Announces Entry into EV Market, Shows 3 Concept Vehicles Taiwan’s Foxconn Technology Group, which is a major supplier for Apple and other global brands, has announced its entry into the crowded electric vehicle (EV) market. It said it will make EVs for global automobile companies under a contract similar to what it currently has for smartphones. The announcement and the company’s credibility as a manufacturer has placed Foxconn as a serious bidder for Apple’s secretive automotive project. Unveiling the cars at the company’s Technology Day event, chairman Young Liu said Foxconn will produce cars and...