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Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

Foxconn_Auto_Ambitions_81271BANGKOK (AP) — Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China’s Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan’s Nissan and Honda to announce plans to join forces against a flood of ambitious competitors.