While waiting for the Apple Car, the major historic subcontractors of the Apple brand are preparing in their own way. Foxconn is no exception. The Taiwanese company has just signed a contract with Chinese manufacturer Byton to produce the brand’s first electric car by 2022.
Foxconn has planned to invest nearly $ 200 million in the assembly of electric cars according to Bloomberg. This announcement echoes the many rumors around the Apple Car, which have been popping up on the web for several days .
While Foxconn was currently known to produce iPhones and other Apple-branded products, the Taiwanese subcontractor plans to diversify over the next few years.
This development announcement from Foxconn factories suggests that Apple will want to produce its own Apple, Car. An idea that had formed the basis of the Titan project in 2014, but for a few years an alliance with an installed car manufacturer was possible for Apple, which did not seem to want to embark on the very complex large-scale production of electric cars.