The market’s demand for electric vehicles is increasing, and the electronics manufacturer Foxconn also intends to take a share. They recently stated to investors in a financial report conference call that they intend to build electric vehicle factories in the United States and Thailand in 2022, and expect Production will start in 2023. Liu Yangwei, chairman of Foxconn’s parent company Hon Hai, also revealed that it is looking for places to build factories in Europe.
Foxconn’s electric vehicle plant in the United States will manufacture electric vehicles for the electric vehicle brand Fisker, which signed a cooperation agreement in May this year. The production period will be suspended until the end of next year. At this stage, the actual location of the plant is not known. According to Nikkei, Foxconn is negotiating with three states including Wisconsin.
As for the electric vehicle plant in Thailand, it is the result of the cooperation between Foxconn and Thailand’s state-owned oil and gas group PTT. The two groups will join hands in the production of electric vehicle platforms and parts. Liu Yangwei said that Foxconn plans to produce up to 200,000 units in the Thai plant each year. Electric car.
Source: techcrunch
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