Foxconn explores EV manufacturing hub in India amidst shifting global dynamics
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Image Credit: REUTERS
Electronics contract manufacturer Foxconn is considering establishing an electric vehicle (EV) manufacturing facility in India, with Tamil Nadu as a potential location for the plant. Young Liu, the chairman and chief executive officer (CEO) of the parent company Hon Hai Technology Group, said that Foxconn will have an EV factory in the country very soon while talking about the company’s decision to build EV factories in Ohio and Thailand, ET reported.
