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Foxconn sells former GM factory to mystery buyer after failing to make EVs
GMGM(US:GM) TechCrunch·2025-08-04 18:43

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 U.S. manufacturing. The iPhone-maker once promised to build a giant LCD factory in Wisconsin — a project that Donald Trump called the “eighth wonder of the world” during his first term — and wound up underdelivering to an extreme degree. Foxconn says the buye ...