Lordstown Motors is preparing to sue Foxconn, the Taiwanese manufacturer once considered a savior to the beleaguered EV maker. Lordstown said Friday in a regulatory
Read moreLordstown Motors turns to a reverse stock split to save Foxconn deal
Lordstown Motors will issue a reverse stock split, a last-ditch move meant to pull the EV automaker out of the penny stock doldrums and salvage
Read moreLordstown Motors’ Endurance EV pickup truck is dying
Beleaguered EV company Lordstown Motors seemed to have found a financial savior in Foxconn, the Taiwanese manufacturer best known for making iPhones for Apple. But
Read moreLordstown Motors begins shipping its Foxconn-made EV pickup trucks
Lordstown Motors has starting shipping its all-electric Endurance pickup trucks manufactured by Foxconn, a milestone that seemed impossible earlier this year. Lordstown Motors, which has
Read moreFoxconn invests another $170M into EV SPAC Lordstown Motors
Taiwanese manufacturer Foxconn is increasing its investment in EV startup Lordstown Motors by buying $170 million in common stock and newly created preferred shares. Once
Read moreFinally. Lordstown Motors, Foxconn begin Endurance EV production
Taiwanese electronics manufacturer Foxconn has begun production of Lordstown Motors’s electric pickup truck. The news, which Bloomberg grabbed first, is a milestone for both companies:
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