The Latest Breaking News from Foxconn

Lordstown Motors received $24.5 million to operate an Ohio factory. G.M., the factory's previous owner, received $60 million before shuttering it.

Lucid Group (LCID) and Lordstown Motors (RIDE) continued to make big moves off low bases Thursday in a busy week for EV stocks of startup companies. Saudi Arabia's Public Investment Fund (PIF), Lucid's majority shareholder, plowed $1.8 billion more into Lucid shares, a filing revealed Tuesday. That news came a…

Stock nudge higher on China stimulus hints; Nvidia shares gain on Snowflake AI partnership; Walgreens Boots Q3 earnings on deck; Eli Lilly jumps after solid data from 'Triple G' obesity treatment and Lordstown files for bankruptcy, sues Taiwan's Foxconn.

Under the Chapter 11 restructuring process, the Ohio-based EV maker is looking to sell the Endurance vehicle and related assets.

Google currently relies on China and Vietnam to produce its Pixel devices. Due to the ongoing trade war, the company is looking for alternatives starting with India.

Taiwanese company has set a target to manufacture 20 million (2 crore) units of iPhones in India annually

Lordstown Motors, the EV startup that developed the Endurance all-electric pickup, plans to take legal action against investor Foxconn to ensure that the Taiwanese firm completes its planned purchase of nearly 10 percent of the EV maker’s shares.

Stop industries from shifting out of Tamil Nadu, Palaniswami urges CM Stalin

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