The decision affirmed an earlier ruling that partially denied and partially granted a motion from Foxconn to dismiss the case ...
A lawsuit and bankruptcy proceeding filed by Nu Ride, formerly known as Lordstown Motors Corp., against Foxconn will continue ...
Foxconn has sold the former GM factory it has owned for three years after failing to stand up any meaningful, large-scale electric vehicle production there. The pivot marks the second major failure of ...
Foxconn has offloaded the EV factory it bought from Lordstown Motors in 2021, although the deal's conditions raise more questions than they answer. The company that purchased the plant was created ...
LORDSTOWN, Ohio — The site of the former General Motors plant in Lordstown now has a new owner. On Monday, Foxconn announced that it was selling the plant to "an existing business partner," but plans ...
TAIPEI, Aug 4 (Reuters) - Foxconn (2317.TW), opens new tab said on Monday it had struck a deal to sell the former Lordstown factory in Ohio for $88 million, saying it planned to reinvest the proceeds ...
The site spans over six million square feet. Credit: Tada Images/Shutterstock.com. Taiwan’s Foxconn has finalised a deal to sell a former car factory in Lordstown, Ohio, for $375m, which includes the ...
Hon Hai Precision Industry (Foxconn) announced on August 4, 2025, that its subsidiaries will dispose of assets at the Lordstown, Ohio facility, as part of a strategic shift in its US operations. The ...
Foxconn Chairman Young Liu told reporters on Monday that SoftBank purchased the site and the company, along with Foxconn, will manufacture data center equipment, a company spokesperson confirmed.
WARREN — Representatives of SoftBank are expected to meet with Trumbull County commissioners about the multi-million dollar Foxconn project expected to bring up to 2,000 jobs to the Mahoning Valley, ...