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Foxconn sells former GM factory to mystery buyer after failing to make EVs
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely produced anything there.
Foxconn says the buyer is an “existing business partner” named “Crescent Dune LLC,” an entity that was created in Delaware just 12 days ago, according to records filed with the state. Sean O’Kane is a reporter who has spent a decade covering the rapidly-evolving business and technology of the transportation industry, including Tesla and the many startups chasing Elon Musk. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
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