Foxconn acquires Lordstown plant in the US for EV manufacturing
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Hon Hai Technology Group (Foxconn), the world’s largest technology manufacturer and service provider, and Lordstown Motors Corp. (“Lordstown Motors” or “LMC”), an OEM of electric light-duty trucks focused on the commercial fleet market, have announced recently the signing of a contract manufacturing agreement and a joint venture agreement for product development. As previously disclosed on […]
Stellantis signs MoU with Foxconn for a new family of semiconductor chips
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Stellantis and Hon Hai Technology Group, (Foxconn) today announced the signing of a non-binding memorandum of understanding to create a partnership with the intent to design a family of purpose-built semiconductors to support Stellantis and third-party customers. This partnership was announced as part of the Stellantis Software Day 2021 event where the Company unveiled STLA […]