Taiwanese contract manufacturer Foxconn, a subsidiary of the Hon Hai Technology Group, has signed a strategic cooperation agreement with the Henan provincial government in China to set up trial production plants for electric vehicles (EV) and solid-state batteries. The company announced this development on its social media platform.
Foxconn’s new production facilities will serve well-known domestic and foreign automobile brands, the company stated. The trial manufacturing center will be located in the Zhangzhou Airport Economic Comprehensive Experimental Zone, spanning about 700 acres. The site will include a business headquarters, R&D center, engineering center, industrial research institute, marketing center, and supply chain management center, according to Car News China.
The Taiwanese manufacturer plans to invest around 1 billion yuan ($138 million) in the new site. Foxconn, best known for manufacturing Apple’s iPhone, has been expanding its footprint in the EV industry. In January, it established a new-energy vehicle (NEV) company in Henan Province aimed at researching and manufacturing components for NEVs.
Foxconn has a history of involvement in the EV sector. It developed an open vehicle platform called Mobility in Harmony, which is used in the B-ON transporter Pelikan. The company also partnered with Bolloré in 2023 to develop solid-state batteries for electric two-wheelers. Additionally, it formed a joint venture, SiliconAuto, with Stellantis last year, focusing on advanced semiconductors for EVs. In 2022, Foxconn acquired land in Saudi Arabia to produce electric cars for the Ceer brand, which plans to offer EVs in the region by 2025.