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Taiwan-Plus News spoke with Foxconn CEO Young Liu who said he plans on expanding the company’s Lordstown-based production ...
While 2023 has been a rocky year for the automotive industry, it's been quite a rough year for Lordstown Motors, an EV ...
Foxconn already produces cars under the name Foxtron, a joint venture with Taiwan’s Yulon Motor Co. Now, it’s injecting another $26 million into its Lordstown, Ohio plant to get it ready to ...
Foxconn has a formidable Plan B. The company is rapidly refurbishing a former General Motors plant in Lordstown, Ohio, as a U.S. production hub. The plant, which has capacity for hundreds of thousands ...
The agreement with Lordstown gives Foxconn a sprawling manufacturing site where GM built cars for more than 50 years before closing the plant in 2019. At its peak, the factory was home to roughly ...
LORDSTOWN — Foxconn now owns the 6.2 million-square-foot auto assembly plant in Lordstown, where the Taiwan-based global electronics assembler and technology giant intends to mass produce electric ...
Foxconn acquired the roughly 6.2 million-square-foot auto-making factory, the former General Motors small car plant, from Lordstown Motors Corp. in May for $230 million.
Foxconn will immediately assume manufacturing operations at the Lordstown plant. Wednesday marked seven days until a deadline the companies set to finalize the asset purchase agreement for the ...
it's unlikely that Foxconn would just import the Taiwanese-built Model C into the U.S., right? Right. That's why it's setting up shop at an old manufacturing plant in Lordstown, Ohio. Yep ...