Foxconn to invest $250 million in Vietnam to produce EV charging components

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Foxconn’s factory slated to produce EV charging equipment and other electronic components will be completed in January 2025

Taiwan-based electronics major Foxconn plans to invest about $250 million to build two new plants in Vietnam, including a facility that is slated to produce electric vehicle charging components and other electronics, according to a news report published by Nikkei Asia on July 4.

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