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lordstown motors bankruptcy: Lordstown Motors files bankruptcy, sues Foxconn

Foxconn previously invested about $52.7 million in Lordstown as part of the agreement, and currently holds a roughly 8.4% ownership stake in the EV maker. Lordstown contends Foxconn is balking at purchasing additional shares of its stock as promised, and misled the EV maker about collaborating on vehicle development plans. ....

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Lordstown Motors Bankruptcy: Lordstown Motors files bankruptcy, sues Foxconn, ET Auto

Lordstown Motors Bankruptcy: Foxconn previously invested about USD 52.7 million in Lordstown as part of the agreement, and currently holds a roughly 8.4% ownership stake in the EV maker. Lordstown contends Foxconn is balking at purchasing additional shares of its stock as promised, and misled the EV maker about collaborating on vehicle development plans. ....

United States , Donald Trump , Mary Barra , Edward Hightower , Stephen Burns , Ford Motor , Us Justice Department , Workhorse Group , Hon Hai Precision Industry , Diamondpeak Holdings , Lordstown Motors , Delaware Monday , General Motors , Chief Executive Edward Hightower , Northeast Ohio , Lordstown Motors Bankruptcy , Lordstown Motors , Lordstown Motors Sues Foxconn ,

Lordstown Motors Plunges into Bankruptcy Amidst Explosive Allegations Against Foxconn

Lordstown Motors files for bankruptcy, citing fraud by Foxconn over failed investment agreement, putting Ohio factory ownership in spotlight. ....

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