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Lordstown Motors Files for Bankruptcy and Sues Foxconn
Keywords: Lordstown Ev Startup Closes,
Lordstown EV startup in Ohio closes after lack of founding, and Foxconn refusing to purchase shares after the prospects of the company had deteriorated. It is another example of a company In EV's that sees soaring valuation in financial markets into the billions of dollars only to end up making very few electric vehicles and collapsing valuation.
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