KAOHSIUNG, Taiwan -- Foxconn broke ground on its first battery cell plant on Wednesday, marking the latest move by the key iPhone assembler to make inroads into the booming electric vehicle industry.
Technology
Taiwan's Foxconn breaks ground on first EV battery plant
Smartphone assembler takes crucial step in challenge to global players like CATL
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Foxconn Chairman Young Liu speaks at a groundbreaking ceremony for the company's first battery plant in the southern Taiwanese city of Kaohsiung on June 15. (Photo by Lauly Li)
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