EV company Lordstown completes $230 million sale of its Ohio factory to Foxconn - The Verge


5/11/2022 12:00:00 AM3 yearsago
by Andrew J. Hawkins

Lordstown completed the sale of its EV factory to iPhone assembler Foxconn. The $230 million deal includes a joint venture to build Lordstown’s lineup of electric trucks.

Lordstown lives to fight another day Struggling EV company Lordstown completed the sale of its Ohio factory to Foxconn, the Taiwanese company that assembles Apples iPhone. The factory, which sold fo… [+1683 chars]

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