Lordstown Motors (RIDE) files for bankruptcy, sues Foxconn over funding agreement
Lordstown Motors is filing for Chapter 11 bankruptcy and suing Foxconn over allegations that the latter failed to provide agreed funding to the EV manufacturer.
Lordstown Motors (RIDE) halts production & shipments of Endurance EV truck
The company is also recalling 19 of its Endurance pickups due to an electrical connection issue that could result in a loss of propulsion while driving.