Foxconn Interconnect Technology Ltd. $(FIT)$, a subsidiary of Hon Hai Precision Industry Co., Ltd., has announced that its Voltaira brand's Royal Series AC Charger has officially received SASO certification in Saudi Arabia. This certification reinforces FIT's commitment to excellence and compliance in the Kingdom's EV charging industry. This milestone follows the formation of the Smart Mobility joint venture in Riyadh, aimed at driving localized operations in the region. Both the Anoles Series AC Charger and the Voltaira SE DC Charger, which have also received SASO certification, are part of FIT's growing portfolio in the MENA market. The company is further planning to establish a Smart Mobility manufacturing facility in Saudi Arabia, aligning with the Kingdom's Vision 2030 and demonstrating a long-term commitment to building local value chains.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.