Foxconn says it might build EVs at empty Wisconsin site, or in Mexico
The chairman of Taiwanese manufacturer Foxconn says the electronics giant is considering making electric vehicles at its mostly empty worksite in Wisconsin, where the company originally planned to make LCD panels. Either that, or Foxconn may make EVs in Mexico. The decision will be made by July 1st, chairman Young Liu said at a press conference Tuesday.
Best known for manufacturing iPhones, Foxconn has recently shifted some of its attention to the booming electric vehicle space as a way to diversify its revenue. Late last year, the conglomerate announced an EV platform on which other companies could build. This year, Foxconn announced tie-ups with China’s largest private automaker, Geely, and with a number of EV startups. It has agreed…