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Monarch Tractors won’t be built by Foxconn after Ohio factory sale
Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc, and IndiEV went bankrupt.
He also said his company worked with Foxconn to “build up inventory” before the sale of the factory, noting his startup has “enough to meet customer demand for the next 12 months, along with ample spare parts.” 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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