Foxconn s partnership with Fisker Inc. the latest in long list of failures. //end headline wrapper ?>Get a daily rundown of the top stories on Urban Milwaukee
Light shines in to a vacant space on the first floor of Haymarket Landing on Friday, Feb. 26, 2021, in Eau Claire, Wis. Angela Major/WPR
In late February, Foxconn executives announced plans to begin manufacturing electric vehicles for California-based start-up Fisker Inc.
Both companies said the collaboration will “revolutionize the automotive industry.” They compared their work to the scientific discoveries of
Isaac Newton. And
hinted they could even manufacture the cars here in Wisconsin.
The partnership announcement is the latest for the Taiwanese mega-manufacturer. It follows a string of high-profile announcements that have been abandoned by the company or that have severely underperformed the company’s promises.