The company inked an agreement with Russia's top independent gas producer Novatek on April 25 to buy a 10 percent stake in its new liquefied natural gas project, Arctic LNG 2.
The company's admission followed media reports that Wisconsin was in talks with Foxconn to build a billion display-making plant, months after news that Foxconn CEO Terry Gou met with a representative of Pennsylvania's economic development agency to potentially invest in the state. Michigan is also said to be pursuing a deal.
The company may face some competition from Missouri-based startup Orange EV, which exclusively focuses on terminal trucks but does not build them from the ground up, instead retrofitting its electric motors into diesel truck bodies.
The company said five weeks ago, more than 15,000 taxi drivers and over 15,000 other drivers chose to join the application, who would be able to start generating income independently and safely Tuesday.
The company said it is dedicated to providing quality flight service for passengers around the world.
The company isn’t commenting on the latest WSJ report.
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The completion of Kariba expansion and implementation of the vast Hwange Thermal Power project will greatly boost Zimbabwe's power supplies and help the country, which faces perennial power shortages, be energy self-sufficient.
The company, backed by the "three Mas" - Alibaba founder Jack Ma Yun, Tencent's Pony Ma Huateng and Ping An Insurance chairman Ma Mingze - made a stellar market debut in Hong Kong through a .5 billion listing, the first of its kind for an internet-only insurer, in September last year.
The company said in January that it?planned to add another 100,000?full-time jobs in the U.S. by mid-2018.?The growth would push?Amazon’s U.S. workforce to more than 280,000 people.
The company is also planning to increase capital expenditure on domestic exploration to boost higher energy output, which is also in accordance with the government's efforts to raise domestic output to bolster national energy security.