Day: October 1, 2021

Foxconn’s Lordstown Deal Sets the Stage for Apple Car Audition

(Bloomberg) — Foxconn Technology Group’s planned purchase of embattled startup Lordstown Motors Corp.’s auto plant in Ohio may make it a stronger contender to assemble cars for Apple Inc., but success with the endeavor is far from guaranteed.

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The Taiwanese company is the largest maker of iPhones, giving it a potential edge as Apple explores the automotive sector. Foxconn agreed to spend $280 million on the Lordstown deal, one of the top vehicle-related investments it has made over the past two years.

Foxconn’s early moves into cars have yielded few tangible results, and Apple is set to require solid proof of vehicle-manufacturing expertise before it settles on a partner — if the iPhone maker decides to make the leap into autos at all. Shares of Foxconn’s flagship unit, Hon Hai Precision Industry Co., fell in Taipei trading on Friday in a sign of investor doubt the

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When Will Flying Cars Finally Be Ready for Public Society?

When you think of a flying car, you imagine a car taking off in the middle of the road and hovering across the city. It’s something science fiction movies have been obsessed with for as long as the genre has existed. More importantly, people have been trying to turn this fiction into a reality for over a century now.

Futurologists of the mid-1900s predicted that flying cars would fill the skies by the end of the 20th century, completely changing how we commute. And yet, we haven’t seen any major signs of that happening. At least not yet. Let’s find out why.

A Brief History of Flying Cars

In the early 20th century, people saw flying cars as the answer to better transportation. Even when cars had just been available to the public, the lack of a competent road network led people to fantasize about flying cars.

Fascinated by

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Vehicles In India, New Cars In 2020, New Mannequin Costs, Affords, Picture @ ZigWheels

Many of the adjustments occurring in the automotive market immediately, including tightened credit markets in a capital-intensive industry and elevated authorities involvement are the latest international challenges. As you can see, the Asian market routs everyone on this category of machine injury stories. As I advised you, Asian vehicles have excellent engines with not too many issues. Autofacts products and services are used by our clients to evaluate implications, make suggestions and assist a wide range of business and planning selections. if no Verizon Media Entity is specified to be the provider in respect of a specific Service, the Applicable Verizon Media Entity is Oath Inc. (Handle: 22000 AOL Way, Dulles, VA 20166), and for such Companies the phrases of Part 14.2 (United States) apply.

By 1913, the yellow brick manufacturing facility had been demolished and a brand new five-story structure had been constructed on the site which took up … Read More