Foxconn has sold the former GM factory it has owned for three years after failing to stand up any meaningful, large-scale electric vehicle production there. The pivot marks the second major failure of ...
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Foxconn Was Supposed to Build Game-Changing EVs in Lordstown, Now It's Selling the Factory
Foxconn is selling the former GM plant in Lordstown, Ohio, which it purchased from failed startup Lordstown Motors in 2022. The facility was sold to Crescent Dunes LLC, an unknown company created 12 ...
Foxconn, which is known around the world for making iPhones, is selling the former GM car factory in Lordstown, Ohio. The mystery buyer, named “Crescent Dune LLC,” was established less than two weeks ...
TAIPEI, Aug 4 (Reuters) - Taiwan's Foxconn (2317.TW), opens new tab said on Monday it had struck a deal to sell a former car factory at Lordstown, Ohio, for $375 million, including its machinery, but ...
A former GM plant is changing hands again. Taiwanese electronics giant Foxconn, the contract manufacturer known for building notable consumer favorites like the Nintendo Switch game console and the ...
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