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Foxconn Starts Building a Plant for Electric-Vehicle Batteries in Taiwan

Taiwan’s Foxconn Technology Group began constructing its first plant to supply electric-car batteries Wednesday, the contract electronics producer’s newest step into the booming electric-vehicle business.

Foxconn stated it plans to take a position about 6 billion New Taiwan {dollars}, equal to about $200 million, on battery manufacturing traces and a research-and-development middle in south Taiwan’s Kaohsiung.

Related Topics:2317.TW 2354.TW Alternative Fuel Vehicles Automotive Batteries Building capacity Capacity/Facilities cell Cell/Mobile/Smart Phones Computers Computers/Consumer Electronics consumer electronics corporate Corporate/Industrial News electrical components Electrical Components/Equipment ElectricVehicle equipment facilities Facility Openings Foxconn freight transport Freight Transport/Logistics general news Handheld Electronic Devices Industrial Electronics Industrial Goods industrial news logistics Mobile Mobile Communications Devices Motor Vehicles Personal Electronics Plant political Political/General News smart phones Starts Supply Chain SYND Taiwan Tech Technology Telecommunications Equipment transportation Transportation/Logistics WSJ-PRO-WSJ.com wsjcorp Young Liu

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