The outlook for American electric vehicles is as murky as it gets, but that’s not stopping two big tech names from betting on a rosier future.
One, called Slate Auto, is backed by Amazon founder Jeff Bezos, according to a report by TechCrunch. It plans to produce a $25,000 electric truck from a factory site in Indiana as soon as next year.
A second is Foxconn, best known as lead manufacturer of Apple’s iPhone. On Wednesday, one of Foxconn’s top managers said at a conference in Japan that it would develop a new line of six electric vehicles, with two of them destined for the U.S. market, according to Automotive News.
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Neither company responded to requests for a fuller description of their plans.
