BR100 Decreased By (-1.44%)
BR30 Decreased By (-1.74%)
KSE100 Decreased By (-1.27%)
KSE30 Decreased By (-1.33%)
AGHA 8.10 Increased By ▲ 0.10 (1.25%)
BECO 5.39 Decreased By ▼ -0.03 (-0.55%)
BML 63.20 Decreased By ▼ -2.41 (-3.67%)
BOP 35.25 Decreased By ▼ -0.85 (-2.35%)
CNERGY 10.07 Increased By ▲ 0.38 (3.92%)
CSIL 5.81 Decreased By ▼ -0.14 (-2.35%)
FCCL 54.22 Decreased By ▼ -1.66 (-2.97%)
FFL 17.33 Decreased By ▼ -0.25 (-1.42%)
FNEL 1.26 Increased By ▲ 0.01 (0.8%)
KEL 7.94 Decreased By ▼ -0.16 (-1.98%)
KOSM 5.96 Decreased By ▼ -0.17 (-2.77%)
LOTCHEM 31.74 Increased By ▲ 0.28 (0.89%)
MLCF 101.20 Decreased By ▼ -3.04 (-2.92%)
NBP 206.01 Decreased By ▼ -4.56 (-2.17%)
NCPL 58.90 Decreased By ▼ -1.26 (-2.09%)
NPL 66.98 Decreased By ▼ -1.51 (-2.2%)
OGDC 331.97 Decreased By ▼ -2.16 (-0.65%)
PACE 11.26 Decreased By ▼ -0.30 (-2.6%)
PAEL 43.85 Decreased By ▼ -1.18 (-2.62%)
PIBTL 17.70 Decreased By ▼ -0.27 (-1.5%)
PPL 231.85 Decreased By ▼ -4.70 (-1.99%)
PRL 42.78 Increased By ▲ 0.71 (1.69%)
PTC 69.52 Decreased By ▼ -1.47 (-2.07%)
SSGC 30.50 Decreased By ▼ -0.33 (-1.07%)
TBL 10.44 Decreased By ▼ -0.12 (-1.14%)
TELE 9.29 Increased By ▲ 0.12 (1.31%)
TPL 16.65 Decreased By ▼ -0.82 (-4.69%)
TPLP 11.76 Decreased By ▼ -0.86 (-6.81%)
TREET 24.48 Decreased By ▼ -0.25 (-1.01%)
TRG 64.00 Decreased By ▼ -1.58 (-2.41%)
Markets

Foxconn opens EV R&D hub in central China’s Zhengzhou

  • The new centre began operations on Wednesday and is set to cut the production cycle for new vehicle models to 24 months, Li said
Published Updated
Photo: Reuters
Photo: Reuters
By

BEIJING: Taiwan’s Foxconn has begun operations at an electric vehicle research and development centre in the central Chinese city of Zhengzhou, the local government said on Thursday.

The complex, located next to automaker BYD’s Zhengzhou factory, will focus on next-generation electric and electrical architecture as well as smart driving technology, the Henan provincial government said on its Wechat account, citing Li Guangyao, general manager of a Henan-based Foxconn subsidiary.

The new centre began operations on Wednesday and is set to cut the production cycle for new vehicle models to 24 months, Li said.

Comments

200 characters remaining