Wednesday, May 11, 2022

Foxconn completes purchase of Lordstown Motors plant, thrusting it into EV-making business

Foxconn, best known as the manufacturer of the Apple iPhone, paid $230 million for Lordstown Motors' plant and is investing $100 million more to establish a product development venture to create EVs.



from Section Page News - Automotive News https://ift.tt/RKLpPvV

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