Hon Hai developing improved battery for electric vehiclesBy Angelica Oung / Staff reporterHon Hai Precision Industry Co (鴻海精密) is developing a faster-charging, longer-lasting battery for electric vehicles (EV) using lithium iron phosphate thanks to new developments in anode materials, the company said yesterday. “We anticipate that our partnership would help Hon Hai establish a strong place in the global EV battery supply chain and become widely used in electric vehicles, electric buses and battery storage applications,” it said. The first application for the new lithium iron phosphate battery would be in electric buses, which the company has scheduled to reach the market in 2023, Hon Hai said. Hon Hai has stakes in Long Time Technology and Giga Solar Materials. China Steel Chemical is a subsidiary of China Steel Corp (中鋼) that focuses on specialty chemicals for the production of steel.

Source: Taipei Times September 28, 2021 15:56 UTC