Bankrupt Lordstown Motors reaches $40 million agreement with Karma Car
Baua Electric
AUGUST 15, 2023
Lordstown Motors stated on Tuesday it had reached a $40-million agreement with Karma Car over a 2020 lawsuit by which the now-bankrupt electrical car company was once accused of stealing proprietary generation. The agreement, positioned with the U.S. That case is scheduled for trial in September.
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