News

A recent Bloomberg report has revealed the identity of the mystery buyer who purchased the former General Motors and ...
Taiwanese tech giant Foxconn has sold the former GM Lordstown assembly plant in Ohio that it bought in 2022 with intentions ...
Foxconn was supposed to produce a variety of EVs under contract at the Ohio facility, but it has now sold the plant to a ...
Foxconn has sold its Lordstown Assembly plant to an “existing business partner” but will continue to occupy the factory.
Foxconn apparently sold its Lordstown, OH, EV factory to a company created just weeks before, while claiming it will maintain ...
Foxconn announced this week it has sold the 6.2 million square feet plant to a newly formed company out of Delaware.
Troubles at Lordstown first started in late 2016. General Motors, the builder and then owner of the plant, announced that 1,200 jobs and one full shift would be cut as sales of the compact Cruze fell.
The company has been quiet about future plans, raising questions about was happening inside. The increased speculation this week appears to be set to change all of that, though, with sources saying w ...
As Lordstown wrestled during 2021 and 2022 with investigations by regulators and the Justice Department, Ford Motor was launching its electric F-150 Lightning pickup truck, aiming at commercial ...
LORDSTOWN, Ohio — A few things quickly became apparent as we were shuffled through a tour of Lordstown Motors' plant in Northeast Ohio near the border with ...
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing. In early May ...
Shares of Lordstown Motors Corp., based in Lordstown, Ohio, tumbled 28% in midday trading on Monday, to 13 cents each. Shares traded for as much as $29 in 2020.