Lordstown Motors has filed a lawsuit against Hon Hai Technology Group (Foxconn) and some of its subsidiaries, including Foxconn Ventures, in the US Bankruptcy Court for the District...
Lordstown Motors Corp. filed for bankruptcy after the electric truck startup's investment agreement with manufacturing giant Foxconn Technology Group rapidly unraveled.
US electric pickup truck startup Lordstown Motors (LMC) previously announced that because Foxconn is suspending further investments, it could be facing bankruptcy. LMC claimed that...
In a regulatory filing, Lordstown said Foxconn threatened to withhold funding due to a breach of their investment agreement, which may force Lordstown to cease operations as the EV...
Taiwanese tech giant Foxconn, determined to transform its entire group, has been actively expanding to electric vehicle industry in recent years. Having made new changes to its business...
Foxconn Technology (Hon Hai) has set electric vehicle (EV) production as the core of its 3.0 transformation scheme, and its Ohio EV plant acquired from Lordstown Motors will be playing...
After Foxconn obtained the Ohio production site of Lordstown Motors, the market has been closely monitoring when it'll begin mass production. According to Foxconn CPO Jerry Hsiao,...
Hon Hai Precision Industry (Foxconn) kicked off shipments of its first batch of electric vehicle (EV) pickup trucks for Lordstown Motors at its assembly plant in the US state of Oh...
Lordstown Motors agreed to sell a substantial stake and give two board seats to manufacturing partner Foxconn Technology Group, replacing a previous arrangement for electric-vehicle...
Hon Hai Technology Group (Foxconn) has announced plans to partner with Youngstown State University (YSU) to set up an electrical vehicle (EV) workforce training and innovation center...
Hon Hai Technology Group (Foxconn) has taken another significant step into the electric vehicle (EV) market by signing a contract manufacturing agreement and a joint venture agreement...
Hon Hai Precision Technology (Foxconn) has reiterated a flat revenue growth outlook for both the second quarter of 2022 and the full year, while order visibility has also strengthened...
Lordstown Motors (LMC), a maker of electric light duty trucks focused on the commercial fleet market, has announced that it has closed the sale of its Lordstown facility and signed...
The MIH Alliance held a partner gathering on March 25 where it invited US-based electric vehicle (EV) startup Fisker, solar EV maker Aptera Motors, electric tractor maker Monarch...
