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Lordstown eyes role in EV expansion

Taiwanese company introduces new models

LORDSTOWN — The auto assembly plant in Lordstown owned by Foxconn, otherwise known as a Hon Hai Precision Industry Co., could play a large role in the Taiwanese company’s continued expansion into manufacturing electric vehicles.

On Tuesday at the third Hon Hai Technology Day, images of the exterior of the plant were part of a presentation from Chairman Young Liu as he introduced two new EVs from Foxconn — the Model B, a sporty crossover targeted for younger motorists and the Model V, an electric pickup truck.

Liu also highlighted the Model C electric SUV — a vehicle introduced last year and one that is already in production — saying “these three vehicles will be put into production in Taiwan, Thailand and the U.S.”

“We are negotiating further cooperation with Indonesia and India,” Liu said.

Recent published reports by Car and Driver magazine and Fox Business suggest the Model B hatchback, which would be made by Foxconn affiliate Foxtron, would be produced in Lordstown starting in 2024.

Foxtron is a partnership between Foxconn and Yulon Motor Co., the largest automaker in Taiwan that has been a manufacturer for Nissan and, in 2009, started its own brand, Luxgen.

But also last week, Rick Rajaie, vice president of operations for Foxconn North America, tried to tamp down speculation of the Model B’s production in Lordstown.

At the plant to celebrate another manufacturing partnership, this one with Los Angeles-based INDIEV Inc., Rajaie said “Our commitment to our existing and future partners is to use our facility and its capacity toward our partners’ production. We do not intend to have any Foxconn and / or Foxconn brand in particular at Foxconn Ohio.”

Foxconn acquired the roughly 6.2 million-square-foot auto-making factory, the former General Motors small car plant, from Lordstown Motors Corp. in May for $230 million. Since, Foxconn — the company that assembles Apple’s iPhone and other global brand consumer electronics — has put in a huge effort to enhance the plant’s manufacturing capabilities.

It is Foxconn’s only U.S.-based auto plant.

The latest development is the announcement that Foxconn and INDIEV have a memorandum of understanding that expresses joint interest in finalizing a contract manufacturing agreement that would have Foxconn mass produce INDIEV’s INDI One, touted for its connectivity and personal computing ability.

The memorandum also contains a binding agreement to produce the prototypes in Lordstown, plus calls for Foxconn to produce the batteries for the electric vehicle.

Foxconn also has agreements in place to manufacture Lordstown Motors’s flagship, the all-electric Endurance pickup truck, which launched commercial production in September, and Monarch Tractor’s battery-powered driverless tractor, the MK-V Series tractor.

Lordstown Motors expects to deliver 50 trucks to customers this year and up to 450 more in the first half of 2023. The production launch of Monarch’s tractor is scheduled for the first quarter of 2023.

Another vehicle that could be made at the factory is Fisker Inc.’s PEAR, a sporty crossover and the electric-vehicle maker’s second vehicle. There is not, however, an agreement in place for Foxconn to manufacture the vehicle. Details are being worked out.

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