Foxconn unit invests $36m in Gigasolar partnership to develop EV battery materials

Foxconn unit invests $36m in Gigasolar partnership to develop EV battery materials

REUTERS/Tyrone Siu/File Photo

Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials.