12 May 2022 | Abstracted from Barrons
"Lordstown is selling its Ohio plant to Foxconn. Foxconn will operate the facility and build Lordstown's EVs. With the signing, Lordstown looks set to receive, very roughly, $60 million more from Foxconn. The pair also announced a design joint venture that Foxconn will contribute another $100 million to."Become a patron and help spread the good news of the world of electric vehicles.
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