Foxconn will set up a joint venture with Nippon Electric to enter the electric vehicle motor market

Telah Terbit: Jul 22, 2021 16:14
[Foxconn will form a joint venture with Nippon Electric to enter the electric vehicle motor market] Foxconn announced on Wednesday that it plans to set up a joint venture with NJDCY.US in Taiwan by the end of this year. The move is intended to create a stronger supply chain for Foxconn's car-building plans. Both Foxconn and Nippon Electric said they would conduct feasibility studies and contract negotiations with a view to establishing a joint venture.

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[Foxconn will form a joint venture with Nippon Electric to enter the e - Shanghai Metals Market (SMM)