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Foxconn reveals plans to build battery factories in Taiwan

March 5, 2022
Source: newsquick24.com newsquick24.com
News Snapshot:
In short: The world’s largest contract manufacturer of consumer electronics wants to become a key player in the electric vehicle market by 2025. Foxconn’s latest move in this direction is to open several factories in Taiwan, where it will manufacture battery cells and build electric buses. Foxconn today announced plans to start producing batteries in the near future as part of its strategy to become the Android EV industry. Apple’s biggest supplier says it wants to build new facilities in Taiwan, where it will manufacture battery cells, battery packs and energy storage systems. With governments around the world pushing for...
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Tags: America | Android | ARM | Automotive | battery | car | Chinese | electric vehicle | Europe | export | Exports | factory | Foxconn | Gadgets & Electronics | India | joint venture | manufacturer | manufacturing | Mexico | revenue | Software | supplier | Taiwan | United States | USA

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