Foxconn Looks To Make Its Own Electric Vehicle Line With Lordstown Motors

The electronics supplier plans to inject $170 million in fresh capital to the once troubled carmaker Taiwan-based electronics company Foxconn Technology Group–more commonly known as one of Apple’s iPhone manufacturers–is increasing its stake in Lordstown Motors Corp (Nasdaq: RIDE), a once-struggling EV startup that has recently begun production of its first all-electric pickup truck. The … Continue reading Foxconn Looks To Make Its Own Electric Vehicle Line With Lordstown Motors