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Report says Lordstown will sell Ohio plant to Foxconn

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Electric pickup truck makers Lordstown Motors is positioned to sell their plant in Ohio to Foxconn Technology Group out of Taiwan, according to reports. A deal is imminent, according to an unnamed source who isn’t authorized to speak about the transaction publicly. It’s expected that the agreement will be announced later this week. The purchase […]
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Zach Doran

How the Ohio Automobile Dealers Association is speaking out against...

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Ohio State Senator Michael Rulli recently introduced a bill that would allow electric vehicle-startup Lordstown Motors to sell directly to consumers. The Ohio Automobile Dealers Association (OADA) has spoken against the bill, and on today’s show Zach Doran, President of OADA, shares his thoughts on the proposed legislation. Doran begins the conversation by clarifying that […]
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Lordstown Motors

Short-seller firm Hindenburg Research targets Lordstown Motors

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The investment research firm that exposed Nikola’s false claims last year has set its sights on Lordstown Motors. Hindenburg Research postulates that Lordstown Motors hasn’t been truthful with their investors and the public about their ability to produce vehicles on schedule. They also believe that many of Lordstown’s orders for all-electric trucks are “fictitious”.   Hindenberg said, “Lordstown is an electric vehicle SPAC with no […]
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