Foxconn, Thailand to jointly make EVs from 2024

Foxconn will join forces with Thailand’s energy group PTT to manufacture electric vehicles from 2024, with the combined investment planned to total up to $2 billion.

According to a report published by the Nikkei on Tuesday, the joint venture will establish a facility in eastern Thailand where about 50,000 vehicles will be produced, and eventually reach up to 150,000 by the end of the decade.

Separately, Foxconn announced its first electric vehicle last year, which the company wants to mass-produce also in the United States and China.



Baha Breaking the News (BBN) / ND



Source link

About the author: admin Academy

admin

Alcuni articoli sono qui aggregati per darti un'informazione continua e costante, pertanto, sotto ognuno di essi troverai la fonte: entra nel sito di riferimento per avere ulteriori news ed informazioni sull'economia mondiale, ti sarà utile. Ti aspetto nell'Academy!

Get involved!

Fai trading in gruppo!
L'unica Academy di trading completamente gratuita per gli utenti FpMarkets

Comments

Ancora nessun commento