Foxconn failing its Lordstown fulfillment +

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evln

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Mar 20, 2022, 4:56:04 AMMar 20
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https://journaltimes.com/news/local/foxconn-failing-to-quickly-fulfill-assurances-could-spell-disaster-for-its-partner-in-ohio/article_b444efb0-504a-54ac-bd9e-d251217f3293.html
Foxconn failing to quickly fulfill assurances could spell disaster for its partner in Ohio
2022/03/04 ... the company earlier this week said that it expected to produce just 3,000 of its flagship “Endurance” electric trucks before the end of 2023. That’s a paltry figure for a company that has to compete with giants like General Motors and Ford — who are investing massively in electric trucks — as well as startups flush with cash ...
https://journaltimes.com/content/tncms/assets/v3/editorial/d/fa/dfa305c6-6b48-587a-96ed-5b1d80148ce1/6156203bd88b0.image.jpg



GM bails/drops Lordstown

https://techcrunch.com/2022/03/01/struggling-ev-startup-lordstown-motors-loses-gm-as-investor/
Struggling EV startup Lordstown Motors loses GM as investor
March 1, 2022 ...Lordstown told ... it needed to raise another $250 million in order to build the 500 trucks ...
https://techcrunch.com/wp-content/uploads/2021/08/loordstown-GettyImages-1229210147.jpg

https://www.teslarati.com/general-motors-gm-lordstown-motors-investment-closure/
General Motors no longer invests in Lordstown Motors
March 1, 2022 ... GM confirmed ... that it sold its stake in Lordstown ...




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