Foxconn ramps up efforts in NEV industry with new investment
Foxconn said one of its subsidiaries signed an agreement with HengDrive, a motor manufacturer, to acquire a 63 percent stake in the latter for about RMB 378 million ($60 million).
Foxconn said one of its subsidiaries signed an agreement with HengDrive, a motor manufacturer, to acquire a 63 percent stake in the latter for about RMB 378 million ($60 million).