EV Industry Chain in Kaohsiung Achieves Greater Global Presence

KAOHSIUNG,Taiwan, Aug 8 (Bernama) — The worldwide gross sales of electric cars (EV) are growing exponentially. To forge Kaohsiung an crucial foundation for the international EV business, the Kaohsiung Metropolis Govt teamed up with Hon Hai Technologies Group (Foxconn) to function on various elements this kind of as intelligent electrical buses and clever metropolis development, with an intention of turning out to be an experimental area that presents extensive business and company product to catch the attention of worldwide makers to invest in Kaohsiung and set up a complete market chain for the EV business.

Observing the agency foundation in metal substance and precision ending systems in Kaohsiung, Foxconn strategies to create an EV ecosystem and a finish battery production chain in the southern metropolis as component of its ambition to increase into the EV business, ranging from the development of EVs to the generation of battery packs and cells, and electrical power storage systems. It also aims to localize battery producing throughout all factors of the source chain, from upstream raw products to midstream cells and the downstream battery packs. In addition, Kaohsiung has also attracted investments from firms this kind of as Win Semiconductors Corp., the world’s major foundry for power amplifiers and LiDAR technological know-how for EVs, and lithium battery manufacturer Molie Quantum Power Corp, laying the groundwork for the EV business chain.

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