Foxconn is building an electric car factory next to where it makes iPhones

The core of Foxconn’s business is in Zhengzhou, the capital of Henan province in central China, known as “iPhone City.” That’s where a network of suppliers, infrastructure and factories, and sometimes as many as 250,000 Foxconn employees, manufacture most of the world’s iPhones for Apple.

Now Foxconn, a Taiwanese electronics giant, is planning to build a new, 700-acre campus in Zhengzhou to make electric cars.