Foxconn finalizes deal to acquire Lordstown plant, agrees to co-develop vehicles
11-Nov-2021 09:30:00 | High Gear
Struggling electric-vehicle startup Lordstown Motors has been thrown a lifeline by Foxconn, the Taiwanese contract manufacturer famous for building the iPhone for Apple. The two companies on Wednesday announced that they've finalized a previously announced deal that will see Foxconn purchase Lordstown's plant located in Lordstown, Ohio. Foxconn...
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