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Lordstown Motors files for bankruptcy, sues former investor

Por: 10 WBNS Nation June 28, 2023

LORDSTOWN, Ohio — Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it  that it was in danger of failing. In early May electronics company Foxconn wavered on a $170 million investment in Lordstown. The Ohio company said in a regulatory filing at the time that it had received notice from Foxconn on April 21 that it was in breach of their investment agreement... + full article



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