India, Nov. 12 -- Hon Hai subsidiary Foxconn has recently established Foxconn New Energy Battery (Zhengzhou) Co., Ltd. in Henan, China. The newly-formed company will focus on battery manufacturing, sales, and R&D into automotive components. Recent TrendForce investigations reveal that Foxconn's initial approach to solid-state batteries will involve partnerships with other battery manufacturers-starting with lower-complexity manufacturing processes and focusing on building expertise in the two-wheeler market.

Solid-state batteries have become a critical area of focus for global battery manufacturers aiming to advance next-gen battery technologies. However, large-scale production has yet to be realized due to the high manufacturing difficu...