Friday, 24 March, 2023

Foxconn seals EV partnership in Indonesia

<p>Taiwan-based Foxconn announced a partnership with Indonesia&#39;s Investment Ministry and several other companies to assist the development of EVs in the country. In recent years, Foxconn has extended its activities in the EVs domain and announced deals with US startup Fisker inc and Thailand&#39;s energy group PTT PCL. The company has signed an MoU with the Indonesian Ministry of Investment, and Indonesia Battery Corporation for the scope of investment in EVs.</p>