Lordstown Motors, Foxconn broaden partnership; $170M investment; first joint EV program

Green Car Congress
By mmillikinNov 8, 2022, 8:30 am251 pts
Lordstown Motors (LMC), an original equipment manufacturer of electric vehicles focused on the commercial fleet market, and Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group (Foxconn) reached an agreement pursuant to which Foxconn agreed to make additional equity…

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