May 1, 2023, 6:27 p.m. | Kirsten Korosec

TechCrunch techcrunch.com

Lordstown Motors is at risk of failing — again. The EV startup that went public via a SPAC merger cautioned investors Monday that it may be forced to file for bankruptcy because Foxconn may pull out of a critical funding deal, according to a regulatory filing. Taiwanese manufacturer Foxconn sent a letter April 21 to […]


Lordstown savior Foxconn is threatening to pull funding by Kirsten Korosec originally published on TechCrunch

critical deal electric vehicles file filing foxconn funding investors letter lordstown motors manufacturer may merger public regulatory risk startup transportation

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