Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development
Green Car Congress
MAY 12, 2022
Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.
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