Quite the mish-mash of companies
Near-defunct startup Lordstown Motors just finalized the sale of their (former GM) Lordstown Ohio plant to Foxconn (iPhone maker, etc.). Now Foxconn will finally start making the Lordstown Endurance pickup AND the just-announced $30,000 Fisker “PEAR” EV. Personal Electric Automotive Revolution.
GM’s first massive Ultium Battery plant opens across the street from here too, later this summer.
Near-defunct startup Lordstown Motors just finalized the sale of their (former GM) Lordstown Ohio plant to Foxconn (iPhone maker, etc.). Now Foxconn will finally start making the Lordstown Endurance pickup AND the just-announced $30,000 Fisker “PEAR” EV. Personal Electric Automotive Revolution.
GM’s first massive Ultium Battery plant opens across the street from here too, later this summer.
Lordstown Motors closes sale of plant to Foxconn for $230M in much needed cash
Lordstown Motors closed its sale to Foxconn who will build the Endurance pickup under a new joint venture (JV) and manufacturing contract.
electrek.co
Foxconn wastes no time announcing Fisker PEAR will be built at newly acquired Lordstown plant
Fisker Inc. announced the upcoming PEAR EV will be built at Foxconn's newly acquired facility from Lordstown Motors.
electrek.co
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