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foxconn

Lordstown Ohio plant
News

Lordstown Motors files for Chapter 11 bankruptcy

June 27, 2023 Scott Nordlund 0

Lordstown Motors has filed for Chapter 11 bankruptcy protection and is up for sale. The move comes as Lordstown could not resolve a dispute with Foxconn over a promised investment. In addition to all of […]

Lordstown Ohio plant
News

Lordstown faces legal battle with Foxconn as troubles mount

June 9, 2023 Darryn John 0

If a difficult road to production and an electric pickup truck with shockingly low range wasn’t enough to deal with, Lordstown Motors is gearing up for a legal battle with Taiwanese company Foxconn. According to […]

Lordstown Ohio plant
News

Lordstown warns of bankruptcy (again) as Foxconn deal crumbles

May 1, 2023 Darryn John 0

Lordstown received what appeared to be a lifeline from Foxconn last November, in which the Taiwanese tech giant would invest as much as $170 million through a purchase of preferred stock and common shares. That […]

News

Foxconn building its EVs using Nvidia’s self-driving toolkit

January 4, 2023 Richard Walker 0

Foxconn, popularly known for assembling Apple’s iPhone, is taking another step into EV manufacturing. It is doing so with a little help from other companies like Nvidia, whose self-driving toolkit will power the EVs. The […]

Lordstown-Endurance-5
News

Lordstown Endurance electric pickup trucks receive EPA and CARB certification ahead of first deliveries

November 29, 2022 Darryn John 0

Lordstown Motors has announced its Endurance electric pickup truck has received its certifications from the United States Environmental Protection Agency (EPA) and California Air Resources Board (CARB), allowing it to kick off deliveries to customers. […]

News

Foxconn consortium announces three-seater EV

November 9, 2022 Richard Walker 0

Foxconn is in the middle of diversifying its business. The Taiwanese company has formed a consortium, MIH, to make electric vehicles and sell them in Asia. The first car from MIH is a battery-powered three-seater, […]

Lordstown Ohio plant
News

Foxconn is looking to invest up to $170 million in Lordstown Motors

November 9, 2022 Scott Nordlund 0

Lordstown Motors Corp has agreed in principle to sell a substantial stake in the company to Foxconn. As per Bloomberg, the agreement will see Foxconn invest as much as $170 million through a purchase of […]

saudi arabia foxconn
News

Saudi Arabia sets up electric vehicle joint venture with Foxconn – Ceer

November 4, 2022 Richard Walker 0

The EV industry often brings together multiple players through collaboration. Saudi Arabia and Foxconn are the latest, pairing up for an investment in electric cars. Lucid Motors committed to Saudi Arabia manufacturing facility as part […]

News

Foxconn announces aggressive EV plan, including a want to build EVs for Tesla

October 18, 2022 Scott Nordlund 0

During Foxconn‘s annual Tech Day, Chairman Liu Young-way re-confirmed the company aims to have five per cent of the EV market by 2025. The aggressive plan will see the tech giant partner with EV companies […]

News

Foxconn shows off the Model B EV ahead of October 18th reveal

October 7, 2022 Richard Walker 0

Foxconn, the Apple iPhone assembler, is adding EV manufacturing to its capabilities. The Taiwanese company has revealed the Tesla Model Y challenger. The car, the Foxtron Model B, will have a full reveal on October […]

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