HNHPF HON HAI PRECISION INDUSTRY SPON GDS EACH REP 2 SHS TWD10 REG'S'

$Apple(AAPL.US)$ supplier Foxconn-backed open-source electric vehicle platform Mobility In Harmony (MIH) has formed an alliance with the AI experts at Autoware Foundation.
What Happened: MIH said its alliance with Autoware is aimed at speeding up the development of an integrated solution for electric autonomous vehicles.
The consortium is expected to lower entry barriers, shorten development cycles and accelerate innovation i...

China's Contemporary Amperex Technology Co Ltd, a battery supplier to $Tesla(TSLA.US)$ and $NIO Inc(NIO.US)$ will supply batteries to $Fisker(FSR.US)$ for its Ocean electric sports utility vehicle, the latter said in a statement on Tuesday.The contract to supply two different battery packs will run from 2023 till 2025 with an initial battery capacity of over 5 gigawatt-hours annually, Fisker said.
Fisker competes with Tesla — a company that once employed Henrik Fisker and even sued him over design secrets.
The California-based company has no sales or cars in production yet. It has revealed plans to develop a more affordable, sub-$30,000 electric vehicle that would launch by the end of 2023 with the help of $Apple(AAPL.US)$ Taiwan-based supplier $HON HAI PRECISION INDUSTRY SPON GDS EACH REP 2 SHS TWD10 REG'S'(HNHPF.US)$ Hon Hai, better known as Foxconn, has announced a deal to buy $Lordstown Motors(RIDE.US)$ Ohio assembly plant where it plans to build electric vehicles for Fisker.

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$Tesla(TSLA.US)$ CEO Elon Musk said the electric vehicle maker has rolled back the latest version of full self-driving (FSD) beta software a day after it was released.
Key $Apple(AAPL.US)$ supplier $HON HAI PRECISION INDUSTRY SPON GDS EACH REP 2 SHS TWD10 REG'S'(HNHPF.US)$ and an Indonesian government agency last week held discussions related to a possible electric vehicle investment in the country, Nikkei Asia reported on Sunday.
$JM Smucker(SJM.US)$  authorized an increase in buyback by 5 million shares. The company’s board also approved a dividend of $0.99 per share.
After a delay of several weeks, the Central Bank of Nigeria is launching a digital currency that will complement the country’s physical money.

Key $Apple(AAPL.US)$  supplier $HON HAI PRECISION INDUSTRY SPON GDS EACH REP 2 SHS TWD10 REG'S'(HNHPF.US)$  and an Indonesian government agency last week held discussions related to a possible electric vehicle investment in the country, Nikkei Asia reported on Sunday.The investment, if it goes through, would be a huge boost for Indonesia as it looks to diversify itself as a key player in the global electric vehicle supply chain.
Foxconn last week revealed three electric vehicle prototypes that include a sedan, a sports utility vehicle and bus, and said it aims to turn electric vehicles into a $35 billion business in five years.
The Apple supplier had earlier this month confirmed a deal with pre-production electric vehicle startup $Lordstown Motors(RIDE.US)$ to buy its Ohio assembly plant and build electric vehicles there for its partner $Fisker(FSR.US)$
Indonesia is also the largest producer of nickel, a key ingredient used in making electric vehicle batteries.