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TexasTowelie

(111,319 posts)
Sat Oct 9, 2021, 02:55 AM Oct 2021

Foxconn to buy Ohio plant to make electric vehicles, future for Wisconsin facility uncertain

MOUNT PLEASANT — Foxconn has chosen an assembly plant in Ohio for the initial production of electric vehicles in the U.S., a decision that keeps its Racine County complex from entering electric auto manufacturing, at least in the short-term.

Foxconn announced Thursday it is working to purchase a production and assembly plant from Lordstown Motors Corp. in Lordstown, Ohio to help the Taiwanese conglomerate build electric vehicles for the startup automaker, Fisker. Foxconn and Fisker announced in February they had come to an agreement to make the vehicles.

But the companies did not say then where those vehicles would be made, and some hoped Foxconn would use its existing Wisconsin facility - initially made to build TV screens - as the site for electric vehicle production.

The agreement with Fisker states Foxconn would build more than 250,000 of these vehicles every year, with production to begin in the 4th quarter of 2023. The vehicles would be sold in North America, Europe, China, and India.

Read more: https://www.tmj4.com/news/local-news/foxconn-to-buy-ohio-plant-to-make-electric-vehicles-future-for-wisconsin-facility-uncertain

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