GM just sold its Lordstown plant to an EV startup affiliated with Workhorse

GM’s Lordstown, Ohio, plant has been sold to an EV startup, “Lordstown Motors Corp.,” which is affiliated with Workhorse Group, the company behind the Workhorse W-15 plug-in pickup truck.

Workhorse shares no ownership with Lordstown Motors Corp., but the two companies are affiliated. They plan to share intellectual property, and Workhorse’s ex-CEO Steve Burns is now CEO of Lordstown Motors.

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Source: Charge Forward