With Fisker, Foxconn Technology Group Chairman Young-way Liu says global leaders in innovation are joining forces. But critics who have followed the company are skeptical.
Assembly Minority Leader Gordon Hintz, D-Oshkosh, is anticipating the deal to make electric cars won’t go very far, either.
“From the beginning the lack of transparency, the lack of honesty and the lack of accountability from Foxconn has really plagued the project and investment,” Hintz told WPR. “It’s hard to take them seriously, even if there is a credible announcement.”
Hintz said the company’s Wisconsin operations have appeared to be virtually nonexistent for nearly four years, Wisconsin Public Radio reported.
Another new plan, but will Foxconn follow through this time? sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
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.