SmilerGrogan
Oct 19, 7:54 PM
$SNFI "Foxconn has been talking big about EVs for six years. In October 2020, chairman Young Liu said the company wanted to supply components or services for 10% of the world’s EVs, around 3 million vehicles, sometime between 2025 and 2027.
Since then, it has unveiled a series of Foxtron prototypes, bought the former GM plant in Lordstown, Ohio, and lined up the Fisker Pear, and added a pickup and a crossover to the lineup. Fisker went bankrupt in 2024 and the Pear never made it to production. Foxconn sold the Lordstown factory last year for
$375 million."
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