Foxconn sells former GM factory to mystery buyer after failing to make EVs

August 4, 2025

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1 min read

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TechCrunch

The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely produced anything there.

Foxconn has sold the former GM factory it has owned for three years after failing to stand up any meaningful, large-scale electric vehicle production there. The pivot marks the second major failure of Foxconn to deliver on its promises to help revive... [3469 chars]

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Source: TechCrunch

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