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Foxconn to buy itself an American car factory
Foxconn will build for Lordstown Motors its Endurance full-size electric pickup truck in the Ohio factory it used to belong to GM /Lordstown Motors
Taiwanese tech giant Foxconn, Apple’s primary contractor for making the iPhone, buys itself a car factory in the US. This particular case focuses on the former GM assembly factory in northeastern Ohio owned by electric pickup startup Lordstown Motors Corp. In financial turmoil for some time, Lordstown will get $230 million (€196 million) and Foxconn
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