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Lordstown Motors continues cash flow woes, sells Ohio plant to iPhone manufacturer Foxconn

Teslarati

Lordstown Motors, an electric vehicle startup based in Ohio, has announced that it has agreed in principle to work jointly on electric vehicle programs with iPhone manufacturer Hon Hai Technology Group, more commonly known as Foxconn. Don’t hesitate to contact us with tips!

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Former Lordstown CEO Given Permission to Buy Back Company Assets for $10 Million

The Truth About Cars

Ohio-based Lordstown Motors has received approval from the U.S. & With so many EV startups turning out to be little more than legal Ponzi schemes, many felt Lordstown had a real chance of producing something tangible. & The plan for Lordstown Motors’ remaining assets is unknown. Department of Transportation.

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Lordstown Motors Goes Bust

The Truth About Cars

Though the writing was already on the wall for the Ohio-based electric vehicle manufacturer. But it’s not bad news for everybody. Lordstown, Ohio, always had a lot riding on the factory being a success and things appear to be imploding. But, hey, maybe someone will come along and turn things around.

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Cleveland City Planners Change Policies to Create 15-Minute City

The Truth About Cars

Cleveland, Ohio, has approved new zoning and transportation policies that are angling to transform it into the next “fifteen-minute city,” The City Planning Commission voted to move forward with changes to building codes in several pilot neighborhoods it wants to make more pedestrian friendly. But this is but a singular component.

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Lordstown Motors recordsdata for Bankruptcy 11 chapter, sues Foxconn, seeks purchaser

Baua Electric

Foxconn, in a remark, stated it used to be hoping it might unravel the dispute thru negotiations, with out resorting to “baseless legal actions.” Lordstown filed for chapter with plans to hunt a purchaser. ” It stated Lordstown’s remark incorporates “false comments” and “malicious attacks.”