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Taiwanese electronics giant Foxconn looks at manufacturing EVs in India

June 22, 2022
Source: vnexplorer.net vnexplorer.net
News Snapshot:
ETtechTaiwanese electronics giant Foxconn is looking at making electric vehicles in India, part of a larger diversification plan to expand its Asian manufacturing supply chain beyond China, according to people aware of developments at the contract phone maker for Apple. Foxtron—the company’s EV venture—may consider manufacturing in India in addition to other locations in South East Asia such as Vietnam and Indonesia, they said. At present, in addition to an exclusive facility — outside Chennai — manufacturing Apple’s phones, Bharat FIH, formerly known as Rising Stars Mobile India, a Foxconn Technology Group Company operates another unit nearby, which manufactures phones...
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Tags: Apple | automobile | Automotive | China | Chinese | Covid-19 | electric vehicle | Elon Musk | Exports | factory | Foxconn | Gadgets & Electronics | import | India | Indian | Indonesia | manufacturing | mobile | Pandemic | Saudi Arabia | supply chain | Taiwan | technology | Tesla | Thailand

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