Thursday, 5 February, 2026
Foxconn Expands Beyond iPhones with New EV R&D Hub in Zhengzhou, China
Foxconn has officially launched a new electric vehicle (EV) research and development center in Zhengzhou, marking a major strategic pivot for the world’s largest contract electronics manufacturer. The hub will focus on innovative EV components, battery technology, and intelligent driving systems. By leveraging its massive manufacturing presence in central China, Foxconn aims to diversify its revenue streams.
Read full story at Economic Times