Foxconn considers Wisconsin or Mexico for maiden EV plant

Hon Hai chairman — Hon Hai Precision Industry Chairman Young Liu on March 16. (Bloomberg/Bloomberg)

DW

By:

DEBBY WU, CINDY WANG and SAMSON ELLIS

B

By:

Bloomberg

|

March 16, 2021 11:10 AM

Foxconn Technology Group will decide between Wisconsin and Mexico for the site of its first electric-car plant this year, making a big bet on the nascent business at a time when technology giants including top customer Apple Inc. are looking to expand into vehicles.

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