Taiwan’s Kaohsiung hopes EV companies will follow Foxconn Technology | Taiwan News |
TAIPEI (Taiwan News) — A decision by Foxconn Technology Group to base part of its electric vehicle (EV) manufacturing operations at Qiaotou Science Park should bring about 5,000 new jobs in Kaohsiung, the city government said Thursday (Dec. 30).
One of the Apple iPhone maker’s first EV projects, the Model T bus, could appear on the streets of the south Taiwan city as early as next year, the Liberty Times reported.
Kaohsiung provides a strong base for the sector due to its metal materials and precision industry factories, according to city government officials. Companies in the area are already producing aluminum alloys, and steel group CSC Corp. Taiwan has worked itself into the supply chain of EV leader Tesla.
The expected arrival of 5,000 new jobs will also boost the local property market and help the city persuade talent to return home. Kaohsiung and other areas in the southern part of the country have struggled with a “brain drain” to the north, where the government, service, and the high-tech sectors have long been concentrated.
New Taipei City-based Foxconn is one of the world’s largest contract makers for electronic products. In October, it unveiled three EVs — the Model C SUV, the Model E sedan, and the Model T bus — to be produced by its joint venture with Yulon Group.