CSIMarket
 
Nu Ride Inc   (RIDEQ)
 

Nu Ride Inc's Suppliers Performance

RIDEQ's Supply Chain




 
RIDEQ Costs vs Sales of Suppliers Growth

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Nu Ride Inc's Comment on Supply Chain


The Company outsources the manufacturing of its Endurance vehicle to Foxconn under a contract manufacturing agreement. It entered into an investment agreement with Foxconn, replacing a prior joint venture agreement. The Company has initiated litigation against Foxconn, alleging fraudulent and tortious conduct and breaches of agreements related to their business relationship. The litigation is ongoing, with some claims surviving motions to dismiss and others proceeding to arbitration. The Company is actively pursuing the litigation, which may affect recoveries for shareholders. Foxconn is the only supplier named in the filings.

Nu Ride Inc's Comment on Supply Chain


The Company outsources the manufacturing of its Endurance vehicle to Foxconn under a contract manufacturing agreement. It entered into an investment agreement with Foxconn, replacing a prior joint venture agreement. The Company has initiated litigation against Foxconn, alleging fraudulent and tortious conduct and breaches of agreements related to their business relationship. The litigation is ongoing, with some claims surviving motions to dismiss and others proceeding to arbitration. The Company is actively pursuing the litigation, which may affect recoveries for shareholders. Foxconn is the only supplier named in the filings.







RIDEQ's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Nu Ride Inc 37.18 0.00 -2.81 1
SUBTOTAL 0.00 0.00 0.00 -


Sources: Nu Ride Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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