Lordstown Motors Selling Ohio Plant To Foxconn For $230 Million - NewsBreak

Lordstown Motors, the EV startup that bought GM's Lordstown, Ohio plant in late 2019, has agreed to sell the factory to Taiwan's Hon Hai Technology Group (a.k.a. Foxconn) in a $280 million deal. As part of the agreement, Lordstown will get $230 million for the plant after buying it from...