· Foxconn will invest 5 billion yuan in Shanxi to deploy electric vehicles

According to reports, a few days ago, the head of Hon Hai Group, Guo Taiming, said that this year's investment in the mainland of Shanxi Province will reach 5 billion yuan.

On September 3, Shanxi hosted the second Shanxi Merchants Conference, and Guo Taiming, whose ancestral home was in Shanxi, attended the conference and made the above statement.

Guo Taiming said that Foxconn has established two manufacturing bases in Shanxi Province, and the accumulated investment has reached 20 billion yuan.

Guo Taiming said that in the future, Foxconn will continue to invest in other industries in Shanxi, including electric vehicles. Regarding electric vehicles, he did not elaborate further.

Guo Taiming's ancestral home was Shanxi Jincheng. In the process of investing in the mainland by Hon Hai, Shanxi Province was particularly favored by Guo Taiming. At present, Foxconn has built two manufacturing bases in Taiyuan and Jincheng in Shanxi. It is reported that some important businesses of Foxconn are also arranged in the manufacturing base of Shanxi Province. For example, according to Taiwan media reports, Apple's iPhone6, which will be released on September 9, will be manufactured at the Foxconn Taiyuan factory.

According to reports, Hon Hai has established an electric vehicle manufacturing base in Taichung City in Taiwan. In addition, Hon Hai currently supplies electric vehicle parts to the world-renowned Tesla Motor Company. This is the foundation for Hon Hai's further expansion of the electric vehicle business in mainland China.

According to media analysis, the reason why Shanxi invests in electric vehicles is because Shanxi Province has abundant coal resources. In the context of the reduction of coal consumption in mainland provinces this year, Shanxi may directly convert coal resources through the latest technology and promote electric power. Green energy products such as cars.

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