TAIPEI -- Apple supplier Foxconn is stepping up the expansion of its nascent electric vehicle business in Thailand, the U.S. and Taiwan as part of its plans to diversify from its flagship iPhone assembly business and its biggest manufacturing base in China.
Automobiles
Foxconn to expand EV production in Thailand and U.S.
Chairman says electric car assembly will remain outside China for now
Foxconn Chairman Young Liu lays out the company's EV strategy at its annual tech day in Taipei on Oct. 18. (Photo by Cheng Ting-Fang)
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