Foxconn to build EV plants in US to offset slowing smartphone industry

Foxconn, a major assembler of the iPhone, announced plans to build EV manufacturing plants in the US and Thailand next year, with mass production scheduled for 2023. With this move, Foxconn looks to leap from the slowing wave of smartphone manufacturing to the tidal surge of EV demand.

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The post Foxconn to build EV plants in US to offset slowing smartphone industry appeared first on 9to5Mac.

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