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Electric cars in China

Apple supplier Foxconn forges ties with Chinese EV startup Byton

Key iPhone maker to help embattled carmaker begin mass production by early 2022

Foxconn's collaboration with Byton is the Apple supplier's latest bet on electric vehicles. (Source photos by Kosaku Mimura and Reuters) 

TAIPEI/HONG KONG -- Key iPhone assembler Foxconn has made its latest bet on the growing electric vehicle industry by forging ties to struggling Chinese startup Byton.

As part of a deal announced on Monday, Foxconn will give supply chain management and operational support to Byton, helping it to get its production plans back on track after it suspended operations in July amid financial difficulties.

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