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Event Brief

Foxconn unit to buy Taiwan auto brand for EV push

Foxconn's subsidiary plans to acquire a Taiwanese auto brand to enhance its electric vehicle production capabilities.
WHO: Foxconn subsidiary
WHAT: Acquisition of a Taiwanese auto brand
WHEN: Dec 18, 2025 at 7:00 PM ET
WHERE: Taiwan
WHY: To become a full-scale electric vehicle manufacturer
Sources (1): Nikkei Asia

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