Foxconn Investment Enables Lordstown to Expand EV Manufacturing Program

Lordstown Motors Corp. (LMC), an original equipment manufacturer of electric vehicles (EV) focused on the commercial fleet market, and Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group, have reached an agreement pursuant to which Foxconn agreed to make additional equity investments in LMC. The investments will be in the […]

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