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Fix the driver behind crashes, sound loss and screen glitchesFind Drivers →Repair Windows errors before they cause bigger problemsFix Now →Foxconn sold the former General Motors and Lordstown Motors manufacturing complex in Lordstown, Ohio, on August 4, 2025, after its plan to turn the site into a large-scale EV contract-manufacturing hub failed to gain traction. The buyer named in the transaction documents was Crescent Dune LLC; reporting and local property records later linked the entity to SoftBank.
The roughly 600-acre site is now being redirected toward Stargate-related AI infrastructure, data-center development and the manufacture of AI-server or modular data-center equipment. That does not mean the entire former GM plant was already a functioning AI data center by August 2026. It means the property moved from a limited EV-production experiment into an announced industrial conversion whose final scale remained unproven.
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What Foxconn sold
Foxconn did not sell an empty industrial shell. The August 4, 2025 transaction had two major parts:
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| Asset | Seller | Reported consideration |
|---|---|---|
| Land and buildings at 2300 Hallock Young Road | Foxconn EV Property Development LLC | $88 million |
| Machinery and equipment | Other Foxconn subsidiaries | Approximately $287 million |
| Total | Approximately $375 million |
The property covers roughly 600 acres and includes about 6.2 million square feet of industrial space. The machinery and equipment used in Foxconn’s EV-manufacturing operation were included in the broader disposal, making this a transfer of an operating manufacturing complex and its production assets rather than simply a real-estate sale.
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The buyer was Crescent Dune LLC—but SoftBank appears to be behind it
Foxconn’s transaction disclosure named Crescent Dune LLC as the buyer and said it was not a related party. Foxconn initially described Crescent Dune only as an existing business partner and did not publicly identify its ultimate owner.
That secrecy did not last. On August 8, 2025, reporting by TechCrunch, citing Bloomberg, identified SoftBank as the party behind Crescent Dune. Later reporting based on Trumbull County property records described Crescent Dune as a SoftBank affiliate and confirmed that the entity had taken title to the Lordstown property.
Why Lordstown became a symbol of failed EV manufacturing plans
The Lordstown plant has already passed through several different versions of the American auto industry.
- 1966–2019: General Motors operated the Lordstown Assembly plant until GM closed it in 2019.
- November 2019: Lordstown Motors acquired the former GM facility.
- October–November 2021: Lordstown Motors and Foxconn announced a deal under which Foxconn would acquire the plant, invest in Lordstown Motors and support contract manufacturing.
- May 11, 2022: Foxconn completed the acquisition for approximately $230 million and entered related manufacturing and EV-development agreements.
- June 27, 2023: Lordstown Motors filed for Chapter 11 bankruptcy and sued Foxconn.
- August 4, 2025: Foxconn sold the site and its manufacturing assets to Crescent Dune.
Foxconn’s original plan was not necessarily to become a traditional automaker selling vehicles under its own brand. Its strategy was to operate as a contract manufacturer for several EV companies. Lordstown Motors’ Endurance electric pickup was supposed to be the first major program, with additional customers expected to fill the plant’s very large production footprint.
That customer pipeline never developed into a durable, high-volume business. Lordstown Motors entered bankruptcy and litigation followed. Prospective Foxconn customers IndiEV and Fisker also entered bankruptcy—IndiEV in October 2023 and Fisker in June 2024. Monarch Tractor remained associated with a much smaller manufacturing program, but reporting indicated that only a limited number of electric tractors had been produced, no more than a few hundred.
Foxconn did make some EVs there—but not at meaningful scale
It would be inaccurate to say the Lordstown plant produced no electric vehicles. Foxconn built a limited number of Lordstown Endurance pickups and other products at the site, and electric tractors were also associated with the facility.
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The more defensible conclusion is that Foxconn never established meaningful, large-scale EV production at Lordstown before selling the property. The factory’s size and its intended business model depended on several customers reaching sustained production. Instead, the largest planned programs collapsed or remained very small.
That distinction is important because the plant’s problem was not a complete lack of manufacturing activity. It was the failure to convert a huge former GM facility into a consistently utilized contract-EV manufacturing base.
From electric pickups to AI infrastructure
The sale represents a strategic change from vehicle production to the infrastructure needed for artificial-intelligence computing.
Early reporting about SoftBank’s involvement linked the Lordstown property to AI-server or Stargate-related infrastructure. On September 24, 2025, SoftBank, OpenAI and Oracle formally announced Lordstown as one of five new U.S. Stargate sites. The companies said SoftBank had broken ground on an advanced data-center design that was expected to become operational the following year.
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1Fix the driver behind crashes, sound loss and screen glitches2Clear out junk files and repair common Windows errors3Scan for outdated or missing drivers - takes under a minuteSeparate reporting described plans to manufacture AI servers and modular data-center equipment at the former automotive complex. By May 2026, regional business reporting characterized the property as being converted to manufacture data-center modules.
Foxconn’s own March 2026 materials also described a broader company-wide push into complete AI server racks and modular data centers. That announcement supports Foxconn’s wider AI-infrastructure strategy, but it does not, by itself, prove precisely which products are being made at Lordstown or how much of Foxconn’s production is allocated there.
Is the former GM plant now an operating AI data center?
Not based on the public information available as of August 12, 2026.
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The evidence supports three narrower conclusions:
- Lordstown was formally announced as a Stargate site.
- SoftBank announced construction progress on an advanced data-center design.
- The former automotive plant was being converted for the manufacture of data-center modules and related AI infrastructure.
Those facts do not establish that the entire 6.2-million-square-foot complex had become a completed, fully operational AI data center. A manufacturing plant that produces server racks or modular data-center units is not the same thing as a data center that houses and operates computing capacity. Nor do the announcements establish that the whole former GM property will be used for one purpose.
Operational capacity, final investment, employment, the exact mix of manufacturing and data-center activity, and the long-term utilization of the property remained unsettled in the public record at that date.
Why the property is attractive for AI-related manufacturing
The Lordstown site gives a new owner a large industrial footprint with an existing manufacturing history, substantial buildings and equipment, and room for a major industrial conversion. Those characteristics can be useful for producing or assembling the physical systems required by AI infrastructure, including server racks and modular data-center units.
That is a different economic proposition from building consumer vehicles. EV contract manufacturing requires a dependable stream of vehicle programs, supplier coordination and customers capable of selling large numbers of vehicles. AI infrastructure manufacturing is tied instead to data-center construction, server demand and large computing deployments.
However, the change in product category does not eliminate execution risk. The AI market is expanding rapidly, but the Lordstown project still has to turn announcements into completed facilities, manufacturing contracts, customers, jobs and sustained production. A connection to Stargate is significant, but it is not proof that the project has already reached its promised scale.
Foxconn may still have a role after the sale
Foxconn said it would remain involved in manufacturing products for customers at the Lordstown facility after the sale. Subsequent reporting also described Foxconn as continuing to participate in data-center-equipment manufacturing.
The precise division of responsibility between Foxconn and the SoftBank-linked owner is less clear. The property title, manufacturing operations, equipment ownership, customer contracts and Stargate development obligations do not necessarily belong to the same entity. Without a complete public operating agreement, it would be too strong to describe SoftBank as replacing Foxconn in every role or to assume that Foxconn has completely exited Lordstown.
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What the sale says about U.S. manufacturing promises
Lordstown’s history illustrates how quickly the preferred technology can change while the underlying industrial challenge remains the same.
GM’s closure ended decades of traditional vehicle production. Lordstown Motors then tried to revive the site through an electric pickup startup. Foxconn presented the property as a North American EV manufacturing and research hub, relying on a contract-manufacturing model and a collection of emerging EV customers. When those customers failed to reach sustained production, the same factory became part of a new AI-infrastructure strategy.
The AI pivot may ultimately give the property a stronger commercial use than the EV plan. But the available facts support describing it as a major redirection and an announced conversion—not as a completed success story. The EV plan produced limited output but failed to generate meaningful scale. The AI plan had reached announced construction and conversion activity, while its final scale and long-term performance were still unproven.
Lordstown sale: the facts in brief
- Who legally bought the property?
- Crescent Dune LLC.
- Who was reported to be behind Crescent Dune?
- SoftBank, with later local property-record reporting describing Crescent Dune as a SoftBank affiliate.
- How much was the transaction worth?
- Approximately $88 million for land and buildings plus approximately $287 million for machinery and equipment—about $375 million in total.
- Did Foxconn produce any EVs at Lordstown?
- Yes. It produced limited quantities of Lordstown Endurance pickups and other products, while electric tractors were also made in limited numbers. The site did not achieve meaningful, large-scale EV production.
- What is planned for the property?
- The public plans point toward Stargate-related AI infrastructure, data-center development and the manufacture of AI-server or modular data-center equipment.
- Is the entire former GM plant already a completed AI data center?
- No such conclusion is established by the public announcements available as of August 12, 2026.
Frequently Asked Questions
Who bought Foxconn’s former Lordstown factory?
Crescent Dune LLC is the legal buyer named in Foxconn’s transaction disclosure. August 2025 reporting and later Trumbull County property-record reporting identified Crescent Dune as a SoftBank affiliate. The precise legal distinction matters: Foxconn did not publicly describe the transaction as a direct sale to SoftBank.
How much did Foxconn get for the Lordstown plant?
The combined reported consideration was approximately $375 million: $88 million for the land and buildings and approximately $287 million for machinery and equipment.
Did Foxconn make any electric vehicles at the factory?
Yes, but only in limited quantities. Foxconn built some Lordstown Endurance pickups and other products, and a small Monarch Tractor program was associated with the facility. The plant never reached meaningful, large-scale EV production.
What will happen to the former GM factory in Lordstown?
The announced direction is AI infrastructure: a Stargate-related data-center site, advanced data-center development, and manufacturing of AI-server or modular data-center equipment. Public information as of August 12, 2026 does not show that the entire former automotive complex had become a completed operating data center.
The Bottom Line
Foxconn’s Lordstown experiment ended not because the plant made zero EVs, but because its contract-manufacturing strategy never attracted enough durable, high-volume programs. Crescent Dune LLC—reported to be a SoftBank affiliate—has now redirected the site toward Stargate-related data-center and AI-server infrastructure. That is a substantial change in direction, but the public record still describes a project under conversion rather than a fully proven replacement for the lost EV business.
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