Monarch Tractors won’t be built by Foxconn after Ohio factory sale

Monarch Tractors, a California-based electric tractor manufacturer, has announced that its tractors will no longer be built by Foxconn in Ohio. This decision comes after Foxconn's recent sale of its Ohio factory to Lordstown Motors. Monarch's tractors were the sole vehicles being produced at Foxconn's Ohio facility, following the bankruptcy of Lordstown Motors, Fisker Inc., and IndiEV, which had previously partnered with Foxconn. With the sale of the factory, Monarch's plans to have its tractors manufactured there have been disrupted. The article does not provide details on where Monarch Tractors will now produce its vehicles or what this means for the company's future plans. However, the loss of the Foxconn partnership represents a significant challenge for Monarch as it seeks to bring its electric tractors to market. The article presents the facts in a concise and unbiased manner, focusing on the key details of the situation without speculating on the broader implications or future developments.