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Jun 27, 2023 · Lordstown Motors filed for bankruptcy protection Tuesday, put itself up for sale, and announced a lawsuit against Foxconn, accusing its biggest shareholder and former partner of setting out to...
- Michelle Toh
- 2 min
Nov 7, 2022 · Foxconn to invest up to $170 million in Lordstown Motors. Announce plans to pursue first joint EV program.
Jun 27, 2023 · Lordstown was burning through cash and sold its factory to Foxconn, which is best known for assembling Apple’s iPhones at factories in China.
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Jun 27, 2023 · Lordstown Motors has made good on its threat to sue Foxconn, the Taiwanese company best known for manufacturing Apple’s iPhones. The EV company took legal action against Foxconn Tuesday, and...
- Rebecca Bellan
Nov 10, 2021 · Lordstown Motors and Foxconn will pursue a joint venture agreement to co-design and develop vehicle programs for the global commercial fleet market, using the MIH open platform. Lordstown and Foxconn would have the right to commercialize these new EV programs in North America and internationally.
May 11, 2022 · Foxconn will assume manufacturing operations at the Lordstown plant immediately with no interruption. Approximately 400 skilled and talented LMC employees will transition to employment with Foxconn.
Nov 8, 2022 · Foxconn, the world's biggest contract electronics maker, has extended its drive into electric vehicle (EV) business with a deal to take a near-20% stake in loss-making U.S. electric truck maker...
