News Snapshot:
#iPhone manufacturer Foxconn might save Chinese EV startup Byton with a $200M investment “ #iPhone manufacturer Foxconn might save Chinese EV startup Byton with a $200M investment †One of Apple‘s main component suppliers is reportedly in talks to buy a financially beleaguered electric vehicle (EV) maker. According to a Bloomberg News report which cites “people familiar with the matter,†Foxconn Technology Group is in discussions to invest $200 million into Chinese EV startup Byton Ltd. [Read: The Kalashnikov CV-1 was meant to kill Tesla and impress Putin — but where is it?] The funding injection would allegedly help Byton...
