Tag: Foxconn
Lordstown Motors left with $220 million as it struggles with manufacturing
Lordstown Motors has revealed it has $220 million in cash as it looks to resume production after production was paused in February.
The company, founded...
Foxconn unveils new EV crossover and pickup concepts
Taiwanese manufacturing giant Foxconn has unveiled a new electric pickup truck and a new electric crossover, both of which are expected to make it...
Foxconn to build Fisker PEAR EV at Lordstown Motors plant
Shortly after Foxconn Technology Group (also known as Hon Hai Precision Industry Co.) finalized its purchase of Lordstown Motor Co.’s manufacturing facility in Ohio...
Lordstown Motors closes critical deal with Foxconn
Lordstown Motors Corp. announced on Wednesday that it has finally closed its deal with Taiwan-based Foxconn, which will provide the company with much-needed capital that...
Three major innovations and investments in electrification
Almost daily, the news has major announcements that center around electrifying the worldwide fleet, pivoting away from fossil-fueled vehicles and toward more efficient and...
