Lordstown Motors heads toward bankruptcy while suing its investment partner
Lordstown Motors has sued its investment partner Foxconn and filed for Chapter 11 Bankruptcy, sending the stock in a downward…
10 months ago
Foxconn
Stellantis partners with Foxconn to develop semiconductors for EVs
Stellantis and Foxconn entered a joint venture to create SiliconAuto, a company dedicated to designing and selling state-of-the-art semiconductors, especially…
10 months ago
Lordstown says it plans to move forward with litigation against Foxconn
Lordstown Motors has never had a smooth road ahead of it. It has been battling money issues, production bottlenecks, and…
11 months ago
Lordstown Motors financial life raft loses air, automaker on the verge of sinking
Lordstown Motors' financial life raft, Foxconn, is losing air as it threatened the automaker that it could pull out of…
12 months ago
Foxconn brings EV battery production to two U.S. states
Foxconn, the iPhone manufacturer that bailed out Lordstown Motors from bankruptcy, announced that it would build electric vehicle batteries in…
1 year ago
Foxconn fully commits to Lordstown and puts its money where its mouth is
Foxconn put its money where its mouth is by fully committing to Lordstown Motors with a new $170 million investment…
1 year ago
Saudi Arabia partners with Foxconn on new EV brand
Saudi Arabia’s Public Investment Fund and Taiwan-based technology manufacturer Foxconn entered into a joint venture to develop and manufacture electric…
1 year ago
Lordstown Motors and Foxconn finalize sale of manufacturing facility
Lordstown Motors announced last night it has closed the sale of its manufacturing facility in Ohio to Foxconn after the…
2 years ago