Foxconn -

Foxconn considering BESS plant in Tamil Nadu, electric vehicle plant in India

Foxconn, the company which assembles the iPhone, plans to set up a battery energy storage system (BESS) unit in India, its chairman Young Liu said. Talking to reporters in Sriperum...

Smartphone maker Xiaomi will launch five-seater EV next year

Smartphone company Xiaomi is getting into electric vehicles, according to filings released by China's Ministry of Industry and Information Technology (MIIT), which is responsible f...

Daily Shorts: US bolsters power grid with $3.5 bn, Foxconn eyes Indian EV market, and more

The US Department of Energy announced up to $3.5 billion in funding to strengthen the country's electricity grid, releasing the first round of funds from the nation's $10.5 billion...

Foxconn scouts for semiconductor partner after exiting Vedanta JV

Foxconn plans to apply for subsidies under India's Modified Programme for Semiconductors and Display Fab Ecosystem plan. Image: Pexels

Foxconn plans to apply for subsidies under India's semiconductor manufacturing subsidy scheme, the company announced, after exiting a $19.5 billion joint venture with Vedanta. The ...

Foxconn pumps $200mn into Vietnam for EV chargers, components

Foxconn, the company that assembles Apple's iPhone, is investing $200 million in Vietnam to develop components used in electric vehicles (EVs), confirming news of its plans to vent...

US electric truck maker Lordstown files for bankruptcy, sues Foxconn for dues

Lordstown began manufacturing its Endurance electric pick-up trucks from September last year. Image: Lordstown

US electric truck maker Lordstown Motors said it has filed for bankruptcy protection after failing to receive a promised investment from Taiwan's Foxconn, maker of the iPhone. The ...