(Reuters) -Lordstown Motors Corp on Tuesday announced a reverse stock split to meet Nasdaq listing norms and appease investor Foxconn, which has threatened to scrap a crucial $170 million funding for ...

Lordstown Motors Corp. RIDE has hired a new finance chief, a move that comes as the electric-truck startup works to evaluate new financing options and bring its first pickup to market. The Lordstown, ...

Electric vehicle maker Lordstown Motors (RIDE) has seen its share price slump 57.4% year-to-date because of investor anxiety about ongoing federal investigations and several lawsuits against it. Given ...

Struggling electric-truck maker Lordstown Motors filed for Chapter 11 bankruptcy protection on Tuesday and said that it would put itself up for sale amid an ongoing dispute over investments that had ...

Lordstown Motors (NASDAQ: RIDE) has been in a protracted downtrend along with the rest of the EV market and that downtrend is not over yet. While Lordstown Motors issues a better than expected report ...

A new Bloomberg report says that a major investment firm with ties to the AI sector has bought the Foxconn facility. A recent Bloomberg report has revealed the identity of the mystery buyer who ...

(Reuters) - Lordstown Motors is formulating a debt repayment plan and is hopeful that it will find buyers in Chapter 11 for all or parts of its business, Bloomberg News reported, citing the electric ...

Whether through mismanagement or just plain bad timing, these once-promising EV companies simply failed to go the distance.

Although it invested $26 million in the facility earlier this year, Taiwanese tech giant Foxconn has sold the former GM Lordstown assembly plant in Ohio, according to Automotive News. Foxconn’s ...