iPhone-maker Foxconn reveals its Ohio-built electric car

Foxtron Model B coming to Lordstown

It's not an Apple Car, but iPhone maker Foxconn has revealed a first look at an electric car it's scheduled to start producing in Ohio in 2024.

The Model B is a compact hatchback designed by famed Italian design house Pininfarina that will be produced under the Foxtron brand name at the Lordstown, Ohio, factory that Foxconn purchased last year.

Foxtron is a collaboration between Foxcon and Yulon Motor company that will first launch a Chinese-made version of the vehicle.

More details will be released on October 18, but the car is expected to compete in the sub-$30,000 range, although U.S. sales have not yet been confirmed.

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The Model B is designed around Foxtron's MiH electric car platform, which will be used for several models including the larger Model C SUV and Model E sedan and offered as a turnkey solution for other automakers.

The Lordstown factory recently began manufacturing the Lordstown Endurance pickup and is being developed to have an annual capacity of 500,000 vehicles.

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Foxtron last week also announced that it will build a prototype of the Indi One electric car from Los Angeles-based startup Indi EV.

Foxconn also has an agreement with California's Fisker to begin production of its $29,900 Pear model in 2024 with plans to ramp up production to a rate of 250,000 vehicles per year.

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Fisker is scheduled to begin deliveries of its first model, the Ocean SUV built under contract by Magna in Austria, late this year.

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