The US$82 million capital injection marks the Taiwanese giant’s latest foray into the electric-vehicle sector.

Major Apple supplier Foxconn Technology Group is injecting 600 million yuan (US$82 million) into a new electric-vehicle (EV) battery plant in Zhengzhou, capital of central Chinese province Henan ...

Global electric vehicle adoption is losing momentum, with industry experts warning of turbulent times ahead. At Sharp's ...

ZHENGZHOU -- Hon Hai Technology Group (Foxconn) has announced that it will invest 600 million yuan ($83.48 million) in ...

Honda’s CEO struggles to explain why the merger is happening, analysts remain skeptical, and Foxconn waits in the wings.

Honda and Nissan were poised Monday to announce the start of talks on a merger to help the Japanese giants catch up with ...

This investment is part of a strategic long-term approach to strengthen its electric vehicle business. Additionally, Foxconn EV Netherlands Holdings B.V. has acquired shares in Foxconn EV ...

Business has been especially tough for foreign brands in China, where electric vehicle manufacturers such ... But Taiwanese electronics manufacturer Foxconn has also reportedly sensed an opportunity.

At the start of this year, a Foxconn company related to the electric vehicle (EV) industry was established in the city, focusing on the production of key components for EVs, vehicle sales and the ...

In April 2023, Foxconn inaugurated the new business headquarters in Zhengzhou. At the start of this year, a Foxconn company related to the electric vehicle (EV) industry was established in the city, ...

Jun Seki, a former Nissan executive who now leads Foxconn's electric vehicle business, is in France to meet Renault officials ...