Lordstown Motors Will Sell Its Factory To The Company That Makes iPhones: Reports
Lordstown is in need of money, and Foxconn has an interest in carmaking.
Lordstown Motors, which is trying to bring an electric pickup truck to market but has been in dire straits as of late, is planning to sell its factory to Foxconn, the vast Taiwanese manufacturer that makes electronics like the iPhone, according to reports.
Lordstown Motors Will Sell Its Factory To The Company That Makes iPhones: Reports
Lordstown Motors, which is trying to bring an electric pickup truck to market but has been in dire straits as of late, is planning to sell its factory to Foxconn, the vast Taiwanese manufacturer that makes electronics like the iPhone, according to reports.
jalopnik.com