FIT Hon Teng (6088.HK), a subsidiary of Hon Hai Technology Group (Foxconn) (TWSE:2317), today announced that Smart Mobility - its joint venture with Saudi-based Saleh Suleiman Alrajhi & Sons - has officially broken ground on a new manufacturing facility at King Salman Energy Park (SPARK) in Dammam. The ceremony marks a new chapter in Saudi Arabia's journey toward localized production of EV charging infrastructure.
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