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Thursday, January 14, 2021

Geely teams up with Foxconn to build cars, parts for other companies

Geely and Foxconn logosGeely will join the likes of independent vehicle manufacturers Magna Steyr and Valmet by establishing a new contract manufacturing division to build cars and parts, as well as offer consulting services, for other companies. Geely isn't going it alone, though. The Chinese auto giant said Wednesday it will establish a 50:50 joint venture with...

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