Lordstown Motors in talks to sell its 6.2M-square-foot factory to Taiwan’s Foxconn – ProWellTech
EV startup Lordstown Motors made headlines when it purchased a 6.2 million-square-foot factory from General Motors in 2019. Now, it looks like the strapped-for-cash startup will likely sell that facility to Taiwan’s Foxconn Technology Group. The news was first reported by Bloomberg, who said unnamed sources suggested the deal could close as early as this…