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Foxconn says Thailand EV factory will begin producing 50,000 units by 2023


Foxconn says Thailand EV factory will begin producing 50,000 units by 2023

September 23, 2021 at 7:36 AM

Taiwan-based smartphone manufacturing giant Foxconn and national Thailand oil supplier PTT PLC are moving forward with an agreement to start an electric vehicle manufacturing facility in Thailand. The facility is expected to begin rolling out vehicles by 2023. Foxconn had previously reported plans to begin building factories in both Thailand and the U.S. next year.

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