Indonesia and Foxconn in talks over electric vehicle investment

Jakarta says plan in place, but iPhone assembler only confirms discussions held

20211025 FOXTRON Model C car from Foxconn Technology Group

Taiwan's Foxconn has big ambitions in electric vehicles and has three prototypes, including the Model C shown here. © EPA/Jiji

SHOTARO TANI and LAULY LI, Nikkei staff writers

JAKARTA/TAIPEI -- Indonesia and iPhone assembler Foxconn have held talks over electric vehicle investment in the Southeast Asian country, though the two sides differ on what was decided.

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