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Vingroup and Foxconn in talks over electric cars

Vietnamese conglomerate says it could make EV batteries with iPhone assembler

Vingroup is installing charging stations in Vietnam for its VinFast electric vehicles. (Photo courtesy of Vingroup)

HO CHI MINH CITY -- Vietnam's Vingroup said it is in talks with Taiwanese iPhone assembler Foxconn to produce batteries and other parts for electric vehicles, an industry that both companies are trying to crack.

The partnership would chart new ground for Vingroup, a property conglomerate now looking to make self-driving cars, and Foxconn Technology Group, the world's biggest contract electronics manufacturer and a key Apple supplier.

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