Foxconn acquires Lordstown plant in the US for EV manufacturing
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
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 […]