Prepared for the Journey Ahead
In a groundbreaking development for the electric vehicle industry in the Middle East, Foxconn Interconnect Technology Ltd (FIT) and Saleh Suleiman Alrajhi & Sons Co. have announced the launch of their joint venture, Smart Mobility SJSC. The first manufacturing facility of this venture will be the region's first production site for electric vehicle chargers.
During a Tech Day event held in Taipei yesterday, FIT revealed the location for this pioneering facility. The facility, set to start construction in December, will be built by the joint venture in the Middle East. The location of the facility was previously undisclosed.
The joint venture, established in May, is a significant step in FIT's expansion into the electric vehicle market. Martin Lu, the CEO of Smart Mobility SJSC, will oversee the operations of the new facility.
The first manufacturing facility of Smart Mobility SJSC will produce electric vehicle chargers, contributing to the growth of the electric vehicle industry in the Middle East. This move is expected to boost the region's infrastructure for electric vehicles, making charging more accessible and convenient for drivers.
FIT, a subsidiary of Hon Hai Precision Industry Co., has been at the forefront of technological innovation for many years. This new venture is a testament to their commitment to advancing technology and driving sustainable solutions.
Saleh Suleiman Alrajhi & Sons Co., a well-established name in the Middle East, brings local knowledge and expertise to the table, ensuring the success of the joint venture. The partnership between these two companies promises to bring about transformative changes in the electric vehicle industry in the region.
The joint venture was launched with Saleh Suleiman Alrajhi & Sons Co., marking a new chapter in FIT's global expansion. With the first manufacturing facility now announced, the future of electric vehicle charging in the Middle East looks promising.
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