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Apple supplier to produce electric vehicle for Chinese startup Byton

Apple supplier Foxconn has inked a deal with Chinese electric vehicle startup Byton to bring the latter company’s first car to production in 2022.

Credit: BytonCredit: Byton

Foxconn plans to invest $200 million in the venture, Bloomberg reported. Both companies plan to start mass production of the Byton M-Byte electric SUV by the first quarter of 2022.

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