USEUROPEAFRICAASIA 中文双语Français
Home / Business

Foxconn charges into EV batteries

By Gao Yuan | China Daily | Updated: 2014-07-29 06:50

Foxconn Technology Group is heading to inland Chinese cities in search of profit drivers as the Taiwan-based company looks beyond assembling iPhones and iPads for Apple Inc.

As investors discussed the pros and cons of Foxconn's plant proposal in Bengbu, China's Anhui province, a new investment in the eastern province emerged on Monday.

The world's largest electronics contract manufacturer's battery-making arm agreed to pour more than 2 billion yuan ($323 million) into Anqing to produce lithium batteries, a popular power source for electric cars.

Foxconn charges into EV batteries

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US