Foxconn, Taiwan to set up EV component plant in Bengaluru, India

On August 23, multiple sources reported that Foxconn will be setting up a production and assembly plant for mechanical components of electric vehicles (EV) in Bengaluru, the capital of the Indian state of Karnataka, as part of Project Cheetah.
Foxconn has reportedly leased private land and will be investing INR 250 b....

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