Hon Hai Technology to invest 1 billion US dollars to establish electric vehicle plant in Thailand
2022-02-08 14:58:41 [Print]
Recently, Hon Hai Technology Group, the parent company of Foxconn, and Petroleum Authority of Thailand plan to jointly establish an electric vehicle plant in Thailand, which is expected to reach mass production as early as the first quarter of 2024
. The two sides will finalize the investment details in the first half of this year, with an initial investment of about 1 billion US dollars.