Lordstown files bankruptcy, suing Foxconn

2023 Lordstown EnduranceLordstown Motors Corporation has fallen apart. On Tuesday, the electric truck startup filed for bankruptcy protection and listed itself for sale. The moves come after the automaker disclosed its Taiwan partner, Foxconn, was looking to back out of the needed funding deal. Lordstown said it’s looking to sell the Endurance electric truck and related…
Source: Hybrid and Electric Car News and Reviews