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Why Apple’s iPhone Maker Is Turning to Cars

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Foxconn makes the iPhone for Apple, Playstation for Sony and Kindle for Amazon. Now it wants to make electric cars too.

The center of the Taiwanese company’s plans is a former GM plant in Ohio. But as a generation of startups that wanted to be the next Tesla struggle to raise the money they need, it raises a tantalizing prospect. Could the cars that ultimately roll off the production line in Lordstown ultimately carry the Apple logo?

00:00 Introduction to Hon Hai Precision Industry
00:45 Lordstown Plant
01:35 Contract manufacturing
02:51 Why EVs?
04:08 Inside the Taipei HQ
05:39 Car industry challenges
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