Apple assembler Luxshare to build EVs as Foxconn-style contractor

Chinese maker of AirPods launching joint venture with Chery

20220214N chery ev

A Chery New Energy electric vehicle on display in Guangzhou. The Chinese company offers EVs priced around 100,000 yuan ($15,700). (Photo by Takashi Kawakami)

TAKASHI KAWAKAMI, Nikkei staff writer

GUANGZHOU -- Chinese electronic parts supplier Luxshare Precision Industry, which assembles AirPods earbuds for Apple, is forming a joint venture to develop and manufacture electric vehicles for other companies with the Chery group.

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