Foxconn to establish battery energy storage system unit in India

Foxconn to establish battery energy storage system unit in India

Foxconn, the Taiwanese electronics manufacturing giant, is developing plans to establish a battery energy storage system (BESS) unit in India, according to its chairman Young Liu. The company has already set up its first battery manufacturing plant in Taiwan, with a focus on the electric vehicle segment.Liu, while talking to news agency PTI, mentioned that Foxconn’s information and communication technology segment has recently commenced operations in India.He added, “We are also waiting to…
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Source: https://timesofindia.indiatimes.com/business/india-business/foxconn-to-establish-battery-energy-storage-system-unit-in-india/articleshow/112609637.cms