Lordstown Motors, the U.S. electric truck manufacturer based in Ohio, has filed for bankruptcy protection and initiated legal action against Foxconn, the Taiwan company. Lordstown filed for Chapter 11 protection in Delaware while accusing Foxconn of fraudulent conduct and failing to fulfill its agreement to invest up to $170 million…Read More
Lordstown Motors Files Bankruptcy Sues Foxconn Why Are EV Startups Facing Tough Challenges
