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Mih Ev Design News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hon Hai raises investments in EV business

Taipei, Nov. 25 (CNA) Taiwan-based manufacturing giant Hon Hai Precision Industry Co. has raised investments by injecting funds into its electric vehicle subsidiary as part of its efforts to extend the reach to the EV business.

Foxconn starts EV production

Foxconn has started building EVs and expects to complete 50 pickups by the end of the year. The vehicles are being made at a factory in Lordstown, Ohio

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