Lordstown delays plant sale to Foxconn, needs $150m in capital for production

Lordstown Motors (NASDAQ: RIDE) announced on Monday it would delay the sale of its Ohio manufacturing plant to Foxconn by four days. The company also stated it would need an additional $150 million in capital to begin boosting production of its initial vehicle, the Endurance, an all-electric pickup truck. The announcement of the delay in … Continue reading Lordstown delays plant sale to Foxconn, needs $150m in capital for production