Foxconn Technology Group of Taiwan, a major supplier of Apple and other global brands, has announced its entry into the crowded electric vehicle (EV) market. The company plans to manufacture EVs for automobile companies around the world under the same contract as current smartphones. This announcement and the company’s credibility as a manufacturer have made Foxconn a serious bidder for Apple’s secret car project. Young Liu, chairman of the company’s Technology Day event, said Foxconn will produce branded cars and buses in several regions, including China, North America and Europe. And clients are free to modify them to suit their...