Lordstown Motors files for bankruptcy, sues Foxconn
U.S. electric truck manufacturer Lordstown Motors filed for bankruptcy protection on Tuesday and put itself up for sale after failing to resolve a ...
July 4, 2023
5:22 AM
U.S. electric truck manufacturer Lordstown Motors filed for bankruptcy protection on Tuesday and put itself up for sale after failing to resolve a dispute over a promised investment from Taiwan's Foxconn.The automaker, named after the Ohio town where it is based, filed for Chapter 11 protection in Delaware and simultaneously took legal action against Foxconn. In a complaint… #lordstownmotors #taiwan #foxconn #ohio #chapter11 #delaware #lordstown #ev This story appeared on finance.yahoo.
finance.yahoo.com