Foxconn suggests plans to build electric vehicles in Wisconsin


A FoxConn logo is seen before the arrival of U.S. President Donald Trump as he participates in the Foxconn Technology Group groundbreaking ceremony for its LCD manufacturing campus, in Mount Pleasant, Wisconsin, U.S., June 28, 2018. REUTERS/Darren Hauck/Files

TAIPEI (Reuters) - Taiwan's Foxconn on Friday signaled that it has decided to build electric vehicles in the U.S. state of Wisconsin.

"Foxconn has engaged the Wisconsin Economic Development Corporation to discuss the company's plans for electric vehicle manufacturing. Foxconn is optimistic about our partnership with WEDC and looks forward to ongoing discussions," the company said in a brief statement.

Foxconn and electric car manufacturer Fisker Inc said in May that they had finalised a vehicle-assembly deal. They did not identify a location, but Fisker's CEO said that Foxconn's Wisconsin site was a possibility.

(Reporting by Ben Blanchard; Editing by David Goodman)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

   

Next In Tech News

Exclusive-Netflix offers free plan in Kenya to entice new subscribers
U.S. securities regulator probes Activision over workplace practices - WSJ
States rally around proposed U.S. laws to rein in Big Tech
Coinbase scraps plans for crypto lending program
DoorDash to deliver alcohol across 20 U.S. states, Canada and Australia
Amazon investigating kickback allegation at India unit - source
Freshworks raises U.S. IPO price range, targets nearly $10 billion valuation
Cryptocurrencies slide as market selloff deepens
Twitter seeks to settle 2016 class action lawsuit for $800 million
El Salvador buys 150 more bitcoins, president says

Stories You'll Enjoy


Vouchers