Monday, July 24, 2023

Foxconn and Lordstown Motors engage in a war of words


Screenshot from 2020 video by Retiring Guy
Headline: WFMJ, 7/24/2023
What once seemed like a promising partnership between a local electric vehicle startup and a Taiwanese tech giant has turned into a legal war of words.
[snip] 
Responding last week to the bankruptcy, attorneys for Hon Hai expressed doubt about Lordstown Motors' reasons for filing. 
“…they presented a story that depicts Lordstown as the innocent victim of a fraud perpetrated by Foxconn. This is a fictitious narrative created by Lordstown solely for the purpose of obtaining a tactical litigation advantage. The facts will show that Foxconn acted in good faith, complied with its contractual obligations, and did everything it reasonably could to support Lordstown,” Foxconn stated in its motion, further asserting that there is an absence of “a reasonable likelihood of rehabilitation” for Lordstown Motors.


Other Foxconn and Foxconn/Lordstown posts:
2023
July

June

May

January

2022

2021
GET ME REWRITE: Yes, Foxconn's $100 milion pledge to UW-Madison was nothing more than a cynical election ploy by Scott Walker.  (8/11)
The mysteries of Foxconn (season 2).  (5/12)
The collapse of Donald Trump's '8th Wonder of the World'.  (4/20)

2020
GET ME REWRITE: Two gullible guys from Racine County still believe anything Foxconn tells them.  (10/23)

Keeping tabs on Foxconn Place in

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