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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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NRDC says Baard Energy agrees to switch from coal to natural gas for feedstock for proposed synthetic fuel plant in Ohio to avoid further permit challenges

Green Car Congress

The Natural Resources Defense Council (NRDC) issued a press release on Friday saying that Baard Energy had agreed to a settlement entailing their switching from coal as a feedstock for its planned coal/biomass-to-liquids Ohio River Clean Fuels plant ( earlier post ) to natural gas. Earlier post.). Therefore, what.

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Lordstown Motors files for Chapter 11, sues Foxconn; selling off Endurance electric pickup

Green Car Congress

Under the partnership, Lordstown agreed to divest its most valuable assets to Foxconn, namely its Lordstown, Ohio manufacturing facility—one of the largest in North America—along with its manufacturing and operational employees. Earlier post.) Earlier post.)

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California gas vehicle ban faces pushback from 17 states

Teslarati

Louis Post-Dispatch , the Missouri State Attorney General, along with Ohio, Alabama, Arkansas, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Montana, Nebraska, Oklahoma, South Carolina, Texas, Utah, and West Virginia have sued to prevent CARB from banning new ICE vehicles after 2035. .” According to the St.

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Judge rules against Tesla insurance over ‘inflated’ premiums

Teslarati

Stephens originally filed the lawsuit on behalf of Tesla drivers with the company’s insurance in Arizona, Colorado, Illinois, Maryland, Minnesota, Nevada, Ohio, Oregon, Texas, Utah and Virginia. A Tesla spokesperson and the insurance arm’s legal team have not responded to requests for comment.

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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

the company has initiated the termination of thousands of supplemental employees in Detroit, Toledo and Ohio, and is eliminating more positions in France, according to local unions. Legal challenges have also been raised on behalf of the manufacturer. In the U.S.,

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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.

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