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Foxconn buys Lordstown Motors’ Ohio factory for $230M, plans to help produce Endurance electric pickup

Published Nov 11 2021 at 12:45 AM GMT
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  • Electric light-duty truck manufacturer Lordstown Motors has officially sold its 6 2-million-square-foot Lordstown, Ohio factory to Foxconn, the Taiwanese hardware manufacturing company best known for making Apple’s iPhone.
  • The $230 million deal is expected to close by the end of April next year, according to a statement from Lordstown.




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  • Published Nov 11, 2021 12:45 AM GMT