Tag: Foxconn
Lordstown Faces Uncertain Future Amid Talks of Foxconn Backing Out of Deal
Foxconn owns the factory that produces the Lordstown Endurance electric pickup.
Lordstown has only produced about 30 trucks as of now and its share prices have fallen below 1$.
Foxconn could try to back out of the deal and use the factory to...
Lordstown Motors : production resumes
Production has resumed, but the pace is slow
An agreement has been reached with Amerit Fleet Solutions
There are still issues with the supply crisis.
The small American manufacturer Lordstown Motors announced this week that assembly of its electric pickup truck had just resumed...
Foxconn will Fund Another Lordstown Motors EV Project
Foxconn will invest $170 million in Lordstown Motors by buying some of its shares.
Lordstown Motors will use this money to work on a new electric vehicle.
Due to financial difficulties, Lordstown Motors sold its factory to Foxconn, which currently builds the Lordstown...
Foxconn Presents Two EV Concepts, Including a Pickup
Foxconn is best known for being the manufacturer of Apple’s iPhone
The company wants to enter the automotive industry both as an automaker and a manufacturing partner
The new concepts are the Model B SUV and the Model V pickup With more and more...
