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DETROIT, Sept 30 (Reuters) - Electric vehicle startup Lordstown Motors Corp RIDE.O is in talks to sell the northeast Ohio assembly plant it acquired from General Motors Co GM.N to Taiwan contract ...
Business Foxconn says Lordstown plant won’t be impacted by separate EV startup bankruptcy filing Published: Oct. 05, 2023, 11:02 a.m.
Foxconn — the world’s largest contract manufacturer of consumer electronics — acquired the auto assembly plant, the former General Motors small-car factory, for $230 million in May 2022 from ...
Lordstown sold the plant to Foxconn in 2022. The automaker, named after the Ohio town where it is based, filed for Chapter 11 protection in a Delaware bankruptcy court. AFP via Getty Images ...
In 2021, Foxconn announced plans to acquire a former GM plant in Lordstown, Ohio for its initial production of electric vehicles instead of using its existing facility or land in Mount Pleasant.
Lordstown Motors, the EV maker, filed for bankruptcy protection Tuesday and announced a lawsuit against Foxconn, accusing its former partner of setting out to “destroy” its business.
Liu also was clear about how important Lordstown Motors' former electric vehicle-making plant in Lordstown Township, Ohio, and its former workforce have become to the Taiwanese contract manufacturer.
Foxconn To Still Use Ohio Plant Even If Lordstown Deal Falls Apart Foxconn previously said it would invest as much as $170 million in Lordstown Motors by Brad Anderson May 12, 2023 at 08:36 ...
Foxconn Technology Group will be able to make good use of its electric-vehicle factory in Lordstown, Ohio, no matter how its dispute with Lordstown Motors Corp. is resolved, Chairman Young Liu said.
(Bloomberg) -- Foxconn Technology Group will be able to make good use of its electric-vehicle factory in Lordstown, Ohio, no matter how its dispute with Lordstown Motors Corp. is resolved ...