Apple / Industry / Cars / Business / Manufacturing

Shake Up Coming For Auto industry

Posted On: 4 Mar 2021   |   Posted By: Electronics Weekly

The traditional car industry business model is going to be turned on its head by Foxconn and Apple, Malcolm Penn, CEO of Future Horizons, told IFS2021 earlier this week. “Apple and Foxconn will change the automotive world,” said Penn, “the auto industry is re-structuring - it's easier for Apple and Tesla to get into EVs...
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