Apple EV jv .tw tie-up w/ foxconn.com & nidec.com +

[evln]

https://californianewstimes.com/apple-suppliers-foxconn-and-nidec-plan-electric-vehicle-tie-up/448690/
Apple suppliers Foxconn and Nidec plan electric vehicle tie-up
2021-07-21 ... Foxconn and Nidec will begin negotiations next year to set up a Taiwan-based joint venture to manufacture motors for electric vehicles, as Apple’s two suppliers are aggressively entering the market ... Nidec, a Japanese manufacturer, will $pend $9 billion over the next five years to deepen its relationship with Foxconn in Taiwan, the world’s largest contract electronic equipment manufacturer, and increase $ales of electric vehicle motors ...



.tw EV component association> possible .tw EV production

https://digitimes.com/news/a20210720PD214.html
Taiwan to form car tech association
2021-07-22 ... Several Taiwan-based ICT makers and associations will participate in establishing Taiwan Advanced Automotive Technology Development Association (TADA) soon ... Taiwan-based ICT makers stand a good chance of stepping into development and production of electric vehicles (EV) based on their strong R&D and manufacturing capabilities as well as support by Taiwan's semiconductor supply chains ...
https://digitimes.com/newsshow/20210720PD214_files/1_b.jpg




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