Tag: Lordstown Motors
Lordstown Motors closes critical deal with Foxconn
Lordstown Motors Corp. announced on Wednesday that it has finally closed its deal with Taiwan-based Foxconn, which will provide the company with much-needed capital that...
As EV startups shed value, mass-market brands take foothold in electric...
On Monday, Rivian Automotive's stock prices were bleeding red once again. Pre-market trading saw the startup EV truck maker's price hovering around $25 per share, down...
Lordstown Motors announces $90M loss and stalled Foxconn deal for Q1
Ohio-based Lordstown Motors released its first-quarter results on Monday, which reported a loss of $90 million and total available remaining cash of $203 million. The company...
Report says Lordstown will sell Ohio plant to Foxconn
Electric pickup truck makers Lordstown Motors is positioned to sell their plant in Ohio to Foxconn Technology Group out of Taiwan, according to reports....
How the Ohio Automobile Dealers Association is speaking out against direct...
Ohio State Senator Michael Rulli recently introduced a bill that would allow electric vehicle-startup Lordstown Motors to sell directly to consumers. The Ohio Automobile...
Short-seller firm Hindenburg Research targets Lordstown Motors
The investment research firm that exposed Nikola’s false claims last year has set its sights on Lordstown Motors. Hindenburg Research postulates that Lordstown Motors hasn’t been truthful with...
