Foxconn increases investment in Lordstown Motors by $170M

Foxconn is increasing its investment in Lordstown Motors by $170 million, adding to the $230 million factory purchase and $50 million stock investment. The investment supports the joint venture to produce the Endurance electric pickup truck.

“Foxconn is upping its investment by $170 million.”thetruthaboutcars.com

• 1 source
• thetruthaboutcars.comFoxconn Increases Lordstown Investment | The Truth About CarsMatt PoskyNov 8, 2022

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