Caixin
Jan 25, 2022 08:25 PM
TECH INSIDER

Tech Insider: Foxconn’s Indonesian EV Foray, IDG Capital’s New Decarbonization Fund

Foxconn Technology Group announces its self-developed electric car on Oct., 2021. Photo: Foxconn Technology
Foxconn Technology Group announces its self-developed electric car on Oct., 2021. Photo: Foxconn Technology

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Foxconn works with Indonesia to make electric cars

Foxconn Technology Group has signed a memorandum of understanding with Indonesia’s Ministry of Investment and three firms to explore building an intact supply chain for electric vehicles (EVs) in the resource-rich Southeast Asian country. 

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