Foxconn’s fingerprints are all over one of the central details in the upcoming all-electric Fisker Ocean SUV. The company unveiled the production-intent version of the Fisker Ocean SUV on Wednesday at the Los Angeles Auto Show. The electric vehicle — Fisker’s first — will have a distinctive 17.1-inch central screen made by Foxconn that can […]
Foxconn buys Lordstown Motors’ Ohio factory for $230M, plans to help produce Endurance electric pickup
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. The terms of the deal are in […]
Foxconn says Thailand EV factory will begin producing 50,000 units by 2023
Taiwan-based smartphone manufacturing giant Foxconn and national Thailand oil supplier PTT PLC are moving forward with an agreement to start an electric vehicle manufacturing facility in Thailand. The facility is expected to begin rolling out vehicles by 2023. Foxconn had previously reported plans to begin building factories in both Thailand and the U.S. next year. […]
Foxconn plans to build EV factories in the US and Thailand in 2022
Foxconn is getting more serious about its electric vehicle ambitions. The company told investors during an earnings call that it plans to build EV factories in the US and Thailand in 2022.
Fisker-Foxconn EV partnership ‘moving faster than expected,’ CEO Henrik Fisker says
U.S. electric automaker Fisker expects operating expenses to reach between $490 million and $530 million this year, a slight increase in its business outlook for the year that is driven by R&D spending on prototypes for its Ocean SUV, testing and validation of advanced technology, hiring and its “accelerating” partnership with Foxconn. The company, which […]
Fisker invests in EV charging network Allego’s SPAC merger
Fisker is investing $10 million in private-investment-in-public equity (PIPE) funding for the merger of Allego and special purpose acquisition company Spartan Acquisition Corp III.