Foxconn plans to build EV factories in the US and Thailand in 2022

Foxconn is getting more serious about its electric vehicle ambitions. The company told investors during an earnings call that it plans to build EV factories in the US and Thailand in 2022.
https://tcrn.ch/3iMTht7

Lordstown will deliver its Endurance truck to ‘select early customers’ early next year

The beleaguered EV startup Lordstown Motors is on track to begin production of its flagship electric truck Endurance, but only select customers will begin to receive vehicles early next year, executives said during a second quarter earnings call. Executives struck a cautious tone in the second-quarter earnings call as they tried to assuage shareholder concerns […]
https://tcrn.ch/3fW7PEQ

Desktop Metal is acquiring industrial 3D printing company ExOne

As part of its earnings call this week, Desktop Metal announced plans to acquire ExOne. The Pennsylvania-based firm creates a variety of different industrial 3D printers for industries like aerospace, automotive, medical and defense. More recently, we wrote about the company’s portable 3D printing factories, which are effectively mobile additive manufacturing stations built inside of […]
https://tcrn.ch/3jO1QD5