Foxconn’s investment in Lordstown hasn’t materialized yet and this means the company could lose its major source of funding.

Source: https://investorplace.com/2023/06/3-ev-stocks-to-avoid-like-the-plague-in-june-2023/

Foxconn’s venture to attempt to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit’s chief executive told Reuters.

Source: https://cyprus-mail.com/2023/08/05/taiwanese-giant-foxconns-growing-interest-in-india/

They highlighted the audit as coming less than three months before Taiwan’s presidential election and amid Foxconn’s diversification drive to move some manufacturing out of China.

Source: https://thenewtoday.gd/foxconn-faces-china-tax-probe-amid-taiwan-election-sources/