Foxconn wants to produce batteries in China
Foxconn, a subsidiary of the Hon Hai Technology Group, is looking to do contract manufacturing work for EVs. The new production sites will cater to “well-known domestic and foreign automobile brands,” the company said on social media.
The trial manufacturing centre will be located in the Zhangzhou Airport Economic Comprehensive Experimental Zone, Car News China reports. They will span about 700 acres and include “a business headquarters, R&D centre, engineering centre, industrial research institute, marketing centre, and supply chain management centre.”
The Taiwanese contract manufacturer, who is best known for making the iPhone on behalf of Apple, wants to invest around 1 billion yuan or 138 million dollars in its new site.
Foxconn is by far no stranger to the EV industry. In January, it set up a new-energy vehicle (NEV) company in Central China’s Henan Province. The goal is to research and manufacture components for NEVs.
It also previously developed an open vehicle platform called Mobility in Harmony, which is used in the B-ON transporter Pelikan, for instance. It also joined forces with Bolloré in 2023 to develop solid-state batteries for electric two-wheelers and formed the equally owned joint venture ‘SiliconAuto’ with Stellantis last year. Headquartered in the Netherlands, it develops and sells advanced semiconductors, particularly for electric vehicles. In 2022, Foxconn even bought land in Saudi Arabia to produce electric cars for the brand Ceer, which wants to offer EVs there from 2025.
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