Lordstown Motors Will Work With Foxconn, a Contract Manufacturer

The deal could result in the sale of the struggling automaker’s Ohio factory to Foxconn. Lordstown is under federal investigation and needs more cash to mass-produce an electric pickup truck.

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Lordstown Motors Shares Plunge as Investors See Problems

Lordstown Motors said it would start producing and selling electric pickup trucks this year, but there is little evidence it is ready to do so. Its stock has tumbled from a high of about $30 last year to around $8.

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