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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...