Meta Platforms plans to make cutbacks at Reality Labs — the division tasked with developing new augmented- and virtual-reality metaverse products. Read More...
MarketWatch
Fisker, Foxconn confirm build of compact EV in Lordstown plant
Fisker Inc. confirmed Thursday that Foxconn will build its second car, a compact EV, at a newly acquired plant in Lordstown, Ohio. The Fisker (FSR) Pear will enter production in 2024 and cost about $30,000. Taiwan’s Foxconn, also known as Hon Tai Technology Group (TW:2354) and Lordstown Motors Corp. (RIDE) late Wednesday announced that the sale of Lordstown Motors’s plant to the electronics contract maker had closed.
