#HonHaiTechnology

If you’ve been following Lordstown Motors, you’ll undoubtedly know that the promising automotive startup has had a lot of trouble getting its electrified truck to market. With bankruptcy looming, the would-be automaker sold the all-important factory it had purchased from General Motors (at a discount no less) to Foxconn and created a new joint venture with the Taiwanese business. But it’s looking like more support will be needed before any vehicles manifest, so Foxconn is upping its investment by $170 million.