12
Nov
10:46
Lordstown releases Q3 report as it settles deals
US electric truck start-up Lordstown Motors has released its Q3 report, which shows negative income. It has also has confirmed its earlier announced plan to sell its ex-GM assembly plant in Ohio to Foxconn (Hon Hai) for $230 million and the latter will manufacture its first electric truck, the Endurance, Kallanish reports.
According to the agreement, Lordstown Motors sold the plant and equipment to Foxconn, excluding the in-wheel motor assembly line, battery modu…
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Anonymous
Very good overview of the weekly steel market.
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