Hon Hai (Foxconn) to build EV battery development and production centre in Taiwan

By Will Pulson - 19th July 2022

Hon Hai (Foxconn) to build EV battery development and production centre in Taiwan

Taiwan / USA - Hon Hai Precision Industry Company (trading as Foxconn internationally) of Tucheng, New Taipei City, Taiwan, has announced it plans to invest TWD6bn (USD200m) in a new electric vehicle (EV) battery development and production centre in the island’s southern port city of Kaohsiung to underpin its expansion into the local automotive industry.

The company, also known as Apple’s leading contract manufacturer Foxconn, aims to become a significant player in the global electric vehicle (EV) industry through its recently-established Foxtron Vehicle Technologies.

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