Lordstown Motors Files For Bankruptcy, Prepares For Legal Fight With Foxconn Over Prior Deal
When we last saw Lordstown Motors, we had a chance to get a glimpse of the Endurance pickup truck when the model embarked on a surprising underdog bid for NACTOY truck of the year honors. While that bid ultimately came up short, we liked the truck that they had on display at the event. However, Lordstown has also been on a figurative rollercoaster financially, and the company has revealed that it has formally filed for bankruptcy as the company prepares to sue Taiwanese tech giant Foxconn. Bankruptcy Latest Chapter In Lordstown Saga Lordstown’s move to Chapter 11 bankruptcy is …