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In January 2021, Foxconn and Geely Holding Group signed a strategic cooperative agreement and will establish a joint venture company to provide OEM and customized consulting services relating to whole vehicles, parts, intelligent drive systems, and automotive ecosystem platforms to global automotive enterprises and ridesharing companies.
FILE - Foxconn's Foxtron Model C electric car is displayed during the Hon Hai Tech Day (HHTD 24) at the Nangang Exhibition Center in Taipei, Taiwan, Oct. 8, 2024.
The six-story former Younkers department store building at 301 N. Washington St. in downtown Green Bay was purchased by Foxconn in 2018. The company put it up for sale again in August 2023.
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The Foxconn deal was finalized in May 2022, and Foxconn and Lordstown Motors created a new joint-venture, MIH EV Design LLC, to develop and produce a line of EVs. [27] In addition to selling the factory to Foxconn, Foxconn was to become the contract manufacturer for Lordstown Motors’ first vehicle, the all-electric Endurance pickup truck.
For the third year in a row, the Foxconn Technology Group has been approved for tax credits by the state Foxconn awarded $6.3 million in tax credits for meeting jobs, capital investment goals Skip ...
Foxconn on Thursday rejected online rumours that it needed to pay 180 billion yuan ($24.60 billion) in tax as part of recent investigations, saying the "false content" has seriously hurt its ...
Here's how the Foxconn and Microsoft stories have so far played out. State spent $1.4 billion on Foxconn business park To bring Foxconn to the state, Mount Pleasant, Racine County and the state ...