TechCrunch
Finally. Lordstown Motors, Foxconn begin Endurance EV production
Taiwanese electronics manufacturer Foxconn has begun production of Lordstown Motors’s electric pickup truck. The news, which Bloomberg grabbed first, is a milestone for both companies: Foxconn as it diversifies from manufacturing consumer electronics like iPhones to electric vehicles, and Lordstown as it finally gets its much-anticipated Endurance truck off production lines and, hopefully, into customers’ hands. Ever since going public via a special purpose acquisition (SPAC) merger in 2020 — a move that, in hindsight, is spelling doom for most EV SPACs — Lordstown has struggled to get to production.