Foxconn buys EV manufacturing unit in Ohio; unlikely for use for Apple Vehicles

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Foxconn buys EV manufacturing unit in Ohio; unlikely for use for Apple Vehicles

iPhone assembler Foxconn has purchased an EV manufacturing unit in Ohio in a $230M deal. The acquisition was comprised of electrical automobile startup Lordstown Motors.

Whereas a key Apple provider shopping for an EV plant within the US will inevitably create hypothesis about potential Apple Car manufacturing, this seems unlikely …

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The submit Foxconn buys EV factory in Ohio; unlikely to be used for Apple Cars appeared first on 9to5Mac.

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