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Technology

Apple supplier Foxconn to build first electric vehicle with Fisker

Taiwanese iPhone assembler said to weigh Wisconsin production of 'revolutionary' car

An early Fisker electric vehicle: Designer Henrik Fisker says a new electric car built with Foxconn is a secret and "might be too futuristic for some."   © Reuters

TAIPEI -- Apple supplier Foxconn plans to build cars by 2023 in the U.S. after reaching an early stage deal with Fisker, an American electric-vehicle startup.

Foxconn, which trades as Hon Hai Precision Industry, on Wednesday announced a memorandum of understanding with New York-listed Fisker to codevelop an EV model with planned mass production in the fourth quarter in 2023.

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