![Massive Investment Shakes Up the EV Battery Scene! A Major Player Steps In. Massive Investment Shakes Up the EV Battery Scene! A Major Player Steps In.](https://mivalle.net.ar/wp-content/uploads/2024/12/compressed_img-MmxWp3pHaqw9yBM5xwRXCBQJ.png)
Massive Investment Shakes Up the EV Battery Scene! A Major Player Steps In.
Foxconn Technology Group, a leading Apple supplier, is significantly boosting its presence in the electric vehicle (EV) sector. The company has decided to invest 600 million yuan (approximately US$82 million) in a newly established EV battery manufacturing facility located in Zhengzhou, the