iPhone maker Foxconn just unveiled two Tesla-rival EVs – here’s why that could be a smart move

You’ve probably never heard of Foxconn Technology Group, but it’s a Taiwanese consumer electronics manufacturer that’s perhaps best known for supplying Apple iPhones to the world – it also makes most of Amazon’s Kindles and Nintendo’s gaming consoles.

The company has stopped actually producing the folkloric legend Apple Car and started developing its own electric vehicles under the name Foxtron, with the existing five- and seven-seat Model C SUV already licensed from fast-growing Taiwanese car brand Luxgen . and badged the n7.