Lordstown Motors

Lordstown Motors Files for Bankruptcy, Sues Foxconn

Lordstown Motors Corp. announced today it is embarking on a strategic restructuring process. The initiative is intended to augment the value of its assets, notably the Endurance EV…

Lordstown Motors’ Future at Risk as Foxconn Deal Jeopardized

Shares of electric vehicle (EV) startup Lordstown Motors fell by 25% in early trading after the company disclosed on Monday that its funding deal with Foxconn is in…

Foxconn Investing $170 Million into Lordstown Motors

The world’s largest electronics contract manufacturer, Foxconn, has announced another huge capital investment into Lordstown Motors as it prepares to build electric vehicles (EVs) in Ohio. Foxconn is…

Lordstown Motors Sells Ohio Plant to Foxconn for EV Production

After purchasing an Ohio factory from General Motors (GM), Lordstown Motors saw its two top executives leave earlier this summer, with new plans unveiled to sell the factory…

Lordstown Motors Shares Fall 15% After CEO and CFO Resigns

Lordstown Motors has lost two top executives at its Lordstown, Ohio factory, purchased in 2019 from General Motors (GM), ahead of plans to produce the electric pickup truck,…

Tesla, Rivian and Lucid Join Together to Fight Direct Sales Laws

Electric cars, trucks, vans, and buses have become a reality in the United States, but not every region has made it easy. Rivaling electric vehicle (EV) companies Rivian,…