Foxconn has signed its first contract manufacturing agreement since acquiring a Ohio facility from Lordstown Motors. In addition to building EVs for Lordstown and Fisker Inc., Foxconn will now also be manufacturing advanced, driver optional electric tractors and battery packs for Monarch Tractors.
Hon Hai Technology Group, better known as Foxconn, is the world’s largest electronics manufacturer with nearly fifty years of experience building everything from iPhones, to gaming consoles, and most recently, EVs, semiconductors, and AI tech.
In late 2021, struggling EV startup Lordstown Motors agreed to sell its manufacturing facility in Ohio to Foxconn under an agreement that the Taiwanese experts could help get the automaker’s Endurance pickup into scaled production.
Aside from a promise from Foxconn chairman Young Liu that Endurance EVs would be rolling out of Lordstown