UPDATE 1-Foxconn, Lordstown Motors to pursue U.S. loan for EV factory - NewsBreak

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By Bryan in Business
Updated 3 years ago

WASHINGTON, Oct 1 (Reuters) - Global technology firm Foxconn and startup Lordstown Motors Corp said on Friday they plan to pursue a U.S. Energy Department loan from a program to help pay for the costs of retooling a factory to build electric trucks. Foxconn agreed in principle to buy a...

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