Hon Hai, US state in EV car talksTO BE FINALIZED: Hon Hai Precision Industry Co said it has engaged the Wisconsin Economic Development Corp to discuss its plans for EV manufacturing thereStaff writer, with CNA and BloombergHon Hai Precision Industry Co (鴻海精密), known internationally as Foxconn Technology Group (富士康科技集團), on Friday announced that it had been holding talks on building electric vehicles (EVs) in Wisconsin, but said that plans had yet to be finalized. “Foxconn has engaged the Wisconsin Economic Development Corp (WEDC) to discuss the company’s plans for electric vehicle manufacturing,” the company said in a statement. The frame of an electric vehicle based on Hon Hai Precision Industry Co’s MIH Open Platform is displayed in Taipei on Oct. 16 last year. Many have speculated that the project would be based in Wisconsin, where Hon Hai had previously planned a US$10 billion factory to make flat panels, before massively scaling it back earlier this year. The spokesperson added that “core stakeholder” FAW and “partner” Foxconn would collaborate in sending executives to Byton to support production and operations.

Source: Taipei Times July 11, 2021 15:56 UTC