If you need to know about batteries; you’ve come to the right place Chinese flag 点击这里访问我们的中文网站 Chinese flag

Foxconn ‘plans major Li battery investments’ in China

Fri, 07/07/2017 - 11:27 -- News Editor
Foxconn ‘plans major Li battery investments’ in China

Taiwan-based electronics manufacturer Foxconn is reportedly planning to invest a total of CNY25 billion ($3.7 billion) in several projects as part of the development of a new energy battery R&D centre and production base in Kunshan, in China’s Jiangsu Province.

China’s state Xinhua News Agency said CNY8 billion ($1.2 billion) will be invested in the first phase, as agreed in a strategic cooperation agreement the company signed with the Kunshan government.

 

The full story is only available in our FREE weekly industry newsletter, so sign-up to get it delivered to your inbox every Monday.