Tesla confirms it’s developing affordable global EV in China

2020 Tesla Model YDevelopment of an affordable Tesla electric car will take place in China, the head of the company's Chinese operations confirmed in an interview with state media. An entry-level Tesla will be designed at a new R&D center currently under construction in Shanghai, Tesla China president Tom Zhu said in the interview with Xinhua Net, one of...

Apple partner Foxconn might build Fisker electric car for global markets

Fisker and Foxconn partnershipApple contract manufacturer Foxconn is partnering with Fisker Inc., a collaboration that could see the Taiwanese firm building Fisker electric cars for global markets beginning in 2023. On Wednesday the two companies announced a memorandum of understanding for a jointly-developed "global electric vehicle project," to be manufactured by Foxconn...