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Foxconn to pick site for North American EV plant within months

Taiwanese Apple supplier is deliberating between facilities in US and Mexico

Apple supplier Foxconn says it will choose between its existing facilities in Mexico and the U.S. for electric vehicle production.   © Reuters

TAIPEI -- Foxconn Chairman Young Liu on Tuesday confirmed that the world's biggest contract electronics manufacturer will build electric vehicles in North America by 2023 in a bid to cut its dependence on the slowing smartphone market.

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