(Adds Fisker comment)
TAIPEI, July 9 (Reuters) – Taiwan’s Foxconn said on Friday it was in talks with the U.S. state of Wisconsin about building electric vehicles there, part of the major Apple Inc supplier’s push to diversify income streams.
Foxconn and electric car manufacturer Fisker Inc said in May that they had finalised a vehicle-assembly deal. They did not identify a location, but Fisker’s CEO said Foxconn’s Wisconsin site was a possibility.
In a statement, Foxconn said it had begun discussions with Wisconsin.
“Foxconn has engaged the Wisconsin Economic Development Corporation to discuss the company’s plans for electric vehicle manufacturing. Foxconn is optimistic about our partnership with WEDC and looks forward to ongoing discussions,” it added.
The company, formally called Hon Hai Precision Industry, gave no further details.
A Wisconsin Economic Development Corp spokesman said the agency does not comment on any potential talks until a contract is executed.
In April, Foxconn drastically scaled back a planned $10 billion factory in Wisconsin, confirming its retreat from a project that former U.S. President Donald Trump once called “the eighth wonder of the world” and was supposed to build cutting-edge flat-panel display screens.
A month earlier, Foxconn’s chairman said it may make electric vehicles (EVs) at the Wisconsin site, though could decide on Mexico, and would make a decision this year.
Over the past year or so Foxconn has announced several deals on the production of EVs with automakers including Fisker, China’s Byton and Zhejiang Geely Holding Group, and Stellantis NV’s Fiat Chrysler unit.
On Friday, Fisker said talks with Wisconsin economic development officials were normal in the process of evaluating potential plant sites. The carmaker said in May it had finalized plans for Foxconn to build vehicles for the electric car startup at a U.S. plant starting in 2023, and Wisconsin was one of four options.
Foxconn aims to provide components or services to 10% of the world’s EVs by 2025 to 2027, posing a threat to established automakers by allowing technology companies a shortcut to competing in the vehicle market. (Reporting by Ben Blanchard in Taipei Additional reporting by Ben Klayman in Detroit Editing by David Evans and Mark Potter)
Joe Hedstrom played in six games for the Badgers this past season. (Photo: Rick Wood, Milwaukee Journal Sentinel)
MADISON – The University of Wisconsin men’s basketball program, which lost two members of its extended family last May, suffered another blow this month.
Peter Hedstrom, the father of redshirt freshman center Joe Hedstrom, suffered serious injuries in a bicycle accident April 9 and remains in North Memorial Hospital in Robbinsdale, Minnesota.
According to a GoFundMe page set up for the family:
“On Sunday April 5th, 2020 Peter lost control of his bicycle and crashed on the road while riding with his wife Sharon. Peter was rushed to North Memorial hospital in an ambulance with his wife. He suffered a traumatic brain injury, cracked skull, broken collarbone, bruised lungs, three broken ribs and a fractured ear canal. It’s a miracle that he is alive; God saved his life.
“Peter spent 5 days in the Intensive Care Unit and is now on the trauma rehabilitation floor. He does not remember the accident, but we are encouraged by the progress he is making. He tells his family: ‘Keep up the good work. Trust in the Lord.’ ”
More than $4,000 had been raised by Wednesday morning.
Joe Hedstrom, a graduate of Hopkins High School, redshirted in 2018-19 and played in six games last season before undergoing season-ending knee surgery.
The 2019-20 season was tumultuous but also rewarding for the players and coaches. Assistant coach Howard Moore suffered severe burns and lost his wife and daughter in an auto accident in Michigan on Memorial Day weekend.
The team dedicated the season to the Moore family and won its final eight games to finish 14-6 in the Big Ten to secure a share of the league title for the first time since 2015.
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