Lordstown

Lordstown Motors Shares Rise as it Begins Electric Truck Deliveries

Lordstown Motors Corp. (NASDAQ: RIDE) shares rose over 3% during morning trading after announcing that it had begun shipping its pickup truck to customers. The company recently received final regulatory approval to sell the vehicle in the United States. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”RIDE” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”RIDE” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” …

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Foxconn Acquires Lordstown Motors’ Old Plant

Hon Hai Precision Industry Co., Ltd, known as Foxconn Technology Group (TSE: TW), a Taiwanese multinational electronics contract manufacturer, revealed Wednesday that it is on track to acquire an assembly plant, which previously belonged to Lordstown Motors, for a total of USD230 Million. Furthermore, Foxconn has purchased USD50 Million worth of Lordstown’s stock and has …

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