Prices in China are climbing. The prices for Spinach alone saw an increase of 160 percent. Many people worry that food could become scarce. And in some places, panic buying has already started. And the government's attempts to calm people's fears are failing. Foreign companies in China are also affected.
Von Ning Wang
Taiwanese Apple supplier Foxconn wants to produce EV under the brand name Foxtron. The company has already unveiled three prototypes designed in Italy. As with iPhones, the cars are to be produced for other manufacturers; there is already a joint venture with European manufacturer Stellantis (Chrysler, Peugeot, Citroen, Fiat). And these ambitious plans could very well work out thanks to the group's technical know-how and financial resources.
Von Frank Sieren