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Lordstown Motors completes building sale, manufacturing agreement with Foxconn

Foxconn will now take over the manufacturing of Lordstown Motors' electric truck as the companies work toward commercial production.

United statesFarmington hillsDaniel ninivaggiHon hai technology groupLordstown motors corpMih ev designLordstown motorsLordstown motor enduranceLordstown motor

Deal makes Foxconn new operator of Lordstown Motors

Approximately 400 LMC employees will transition to employment with Foxconn.

United statesDaniel ninivaggiSteve burnsJulio rodriquezMih ev designWorkhorse groupLordstown motorsAsset purchase agreementFarmington hillsNorth americanNorth americaLordstown motorGoogle pixelMicrosoft xboxChief financial officer julio rodriquezGeneral motors

Foxconn Completes Purchase Of Lordstown Plant, EV Startup To Become Engineering Outfit

Lordstown will hand over responsibility of building the all-electric Endurance to Foxconn

United statesDaniel ninivaggiHon hai technology groupGeneral motorsHon hai technologyLordstown says it needs an extraFarmington hills

Why Lordstown Motors Stock Jumped 58% Today

The struggling electric-vehicle truck maker closes a key deal.

United statesDaniel ninivaggiLordstown motorsHon hai precisionLordstown enduranceLordstown motor

Lordstown Motors closes $230 million acquisition deal with Foxconn

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

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