Taiwanese contract manufacturer Foxconn late on Thursday announced a non-binding agreement to purchase the sprawling vehicle plant located in Lordstown, Ohio, from cash-strapped electric vehicle startup Lordstown Motors. Under the deal, Foxconn will purchase the plant for $230 million together with $50 million worth of common stock in Lordstown...
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Friday, October 1, 2021
Foxconn agrees to buy Lordstown Motors' plant for $230M
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