The Taiwanese company has built a manufacturing hub in Zhengzhou, China, for its star customer Apple, but it is starting almost from scratch in the auto business.
The companies that make iPhones are bringing their factories to one corner of India, to graft them onto a network of manufacturers.
The company bought a shuttered General Motors plant in Ohio but struggled to produce its pickup truck.
The company known for making iPhones presented three electric vehicles that can serve as a basis for working with car companies.
The deal could result in the sale of the struggling automaker’s Ohio factory to Foxconn. Lordstown is under federal investigation and needs more cash to mass-produce an electric pickup truck.
With government support and lavish subsidies, Chinese companies have come to dominate the market for batteries, motors and other essentials Detroit may need for its new fleets.