NEW YORK -- Taiwanese tech group Hon Hai Precision Industry has partnered with Saudi Arabia's sovereign wealth fund to build electric vehicles, a boost to Crown Prince Mohammed bin Salman's push to diversify the kingdom's economy.
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Saudi Crown Prince Mohammed bin Salman seeks to diversify his country's oil-dependent economy. © Reuters
NEW YORK -- Taiwanese tech group Hon Hai Precision Industry has partnered with Saudi Arabia's sovereign wealth fund to build electric vehicles, a boost to Crown Prince Mohammed bin Salman's push to diversify the kingdom's economy.