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Foxconn, a supplier to Apple, has begun construction of its first electric vehicle battery facility in Taiwan.

News Snapshot:

According to reports, Foxconn, the world’s largest iPhone producer, broke ground on its first battery cell facility in Kaohsiung, Taiwan, on Wednesday. The decision comes after the firm stated that it aspires to be the first electric vehicle manufacturer that is also a battery manufacturer “There are plenty of materials available. ” According to Nikkei Asia, Foxconn Chairman Young Liu stated, “We intend to develop a localised ecosystem for the battery supply chain in Kaohsiung, from materials to battery cells and battery packs.” Meanwhile, Apple has also hired veteran Ford executive Desi Ujkashevic, as the iPhone maker plans to launch…

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