Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress
By mmillikinMay 12, 2022, 8:30 am242 pts
Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). As previously…

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