TAIPEI -- Foxconn, the world's biggest contract electronics manufacturer, said Thursday it will develop electric vehicles with Fiat Chrysler Automobiles, as the Apple supplier seeks new growth drivers to combat the slowing smartphone industry.
Apple supplier joins EV race, seeking growth beyond phones

Fiat Chrysler at the North American International Auto Show: The automaker will make electric vehicles with Foxconn in China, the Taiwanese group announced. © Reuters
TAIPEI -- Foxconn, the world's biggest contract electronics manufacturer, said Thursday it will develop electric vehicles with Fiat Chrysler Automobiles, as the Apple supplier seeks new growth drivers to combat the slowing smartphone industry.