Report: Foxconn To Begin Construction Of Apple Car Factory In US Starting 2022

Report: Foxconn To Begin Construction Of Apple Car Factory In US Starting 2022

Foxconn, one of Apple’s biggest suppliers, has announced plans to open new electric vehicle plants in the United States and Thailand this year.

According to a new Nikkei report, the company intends to have the new plants operational by 2023.

Foxconn, the world’s largest contract electronics producer, on Thursday said it will build electric vehicle manufacturing facilities in the U.S. and Thailand next year, as the key iPhone assembler accelerates efforts to catch the rising EV wave to offset the slowing smartphone industry.

Foxconn has already ruled out Mexico as a location but is in negotiations with three states in the U.S. to build its first EV manufacturing plant in North America, Nikkei Asia has learned. Those include Wisconsin, which just agreed with Foxconn to amend its former plan of investing $10 billion in the state — a promise Foxconn made in 2017.

While Foxconn hasn’t said as much, the obvious link with the company and the United States is Apple, a company said to be keen to produce its own electric car. It was recently said to want to produce at least part of the car in its home country, although it isn’t yet clear whether we should expect the plants to produce parts destined for Apple.

Rumors of Apple Car production have been around for years but an EV hasn’t yet materialized. Apple has gone through multiple team members and leaders as it tries to get the project on track for launch – whenever that might be.

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