Taiwan to manufacture 90% of EV power system parts by 2024: Hon Hai

Taipei, Jan. 12 (CNA) Taiwan will manufacture about 90 percent of components used in the power systems of locally-made electric vehicles by 2024, as the country intensifies its efforts to penetrate the global electric vehicle (EV) market, according to a forecast made by Taiwanese manufacturing giant Hon Hai Precision Industry Co.

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