Foxconn is investing another $70 million in Ohio’s Lordstown Motors to pursue revamped ‘EV program’

Electrek
By Scooter DollNov 7, 2022, 6:26 pm185 pts
Global tech company Foxconn has announced it will invest at least another $70 million and up to $170 million total in EV startup Lordstown Motors. Foxconn’s $70M investment in Common Stock shares of Lordstown will help the company with its corporate strategy, while the two parties are shifting their…

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