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Fisker finalizes deal with Foxconn to make EVs in US

Plant to be opened in 2023, with initial capacity of at least 150,000 vehicles

Fisker cited access to Foxconn's supply chain, including semiconductor chips, as one advantage of the partnership. (Source photos by Reuters/AP)

DETROIT (Reuters) -- Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023, the companies said on Thursday.

The plant's location has not been identified, but Fisker Chief Executive Henrik Fisker said four states are under consideration, including Foxconn's plant site in Wisconsin. Foxconn Chairman Liu Young-way previously said electric vehicles (EVs) have a "promising future" in Wisconsin but did not elaborate.

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