By ESS news
Taiwanese electronics giant Foxconn has entered the global energy storage market with its new Fox EnerStor brand, positioning itself to challenge established players such as CATL, BYD and Tesla.
The brand – unveiled on October 21 at an event in Zhengzhou, China – marks a key milestone in Foxconn’s “3+3+3” strategic roadmap and underlines the company’s ambition to build a vertically integrated, globally competitive energy storage business.
Foxconn leverages its strengths in precision manufacturing, supply chain management and global industrial deployment to create a full lifecycle energy storage platform. The company is anchored by an R&D center in Shanghai, a pilot facility in Wuhan and a large-scale production and operations center in Zhengzhou.
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