iPhone maker switches gear to electric cars 

The world's biggest electronics contract manufacturer Foxconn aims to become a major player in the global electric vehicle market

Foxconn — chiefly known for making components for Apple iPhones — is looking to rival Tesla and Volkswagen in the electric car space.

Taiwan's Foxconn has unveiled its first three electric vehicle (EV) prototypes, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple and other tech firms.

The vehicles — an SUV, a saloon car, and a bus — were made by Foxtron, a venture between Foxconn and Taiwanese car maker Yulon Motor Company.