Asian Tech Press (Nov 12) -- Taiwan-based foundry giant Foxconn revealed Friday that it plans to expand the production capacity of its Mexico plant in 2022 for meeting high demand in North America for automotive electronics.

Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group, held an online membership meeting on Friday, where Hon Hai Chairman Young Liu shared the company's overall layout in electric vehicles.

Taiwan's Central News Agency (CNA) reported that in the first half of next year, Hon Hai will formally sell the electric bus E-bus. And in mainland China, the company will join hands with Taiwanese electric motorcycle start-up Gogoro to manufacture battery modules and set up charging stations.

And in Mexico, Foxconn plans to expand the scale of the existing vehicle factory to meet North American market demand.