TAIPEI -- Foxconn's electric vehicle collaboration with Chinese startup Byton has been put on hold due to the latter's worsening financial situation, marking a setback for the Taiwanese iPhone assembler's automaking ambitions, Nikkei Asia has learned.
China tech
Apple supplier Foxconn's EV project with China's Byton halted
Taiwanese company turns focus elsewhere as Chinese startup hits financial snag
The Byton M-Byte all-electric SUV: The Chinese EV startup had hoped to leverage Foxconn's supply chain expertise to get its production plans on track. © Reuters
Read Next
.jpg?width=700&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=394)
Latest on China tech
