the former chief executive of Lordstown Motors Corp., has acquired from selling stock he owns in the startup he founded to make electric vehicles. The latest sell-off was 5 million shares of ...
LORDSTOWN — Lordstown Motors Corp. has agreed to pay $40 million to Karma Automotive LLC to settle a lawsuit that claims Lordstown Motors stole trade secrets and plundered employees from the ...
Robert Bollinger, who started the electric vehicle outfit in 2015 and served as CEO until last year, alleges his former ...
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Mullen Automotive could be the next Fisker and Lordstown MotorsLordstown Motors, a company that was lauded by Donald Trump, went bankrupt in 2023 while Fisker filed for its protection earlier this year. All these companies had a unique angle. Lordstown was ...
Foxconn unveiled plans to build EVs for two unnamed Japanese carmakers following failed talks about a possible tie-up with Nissan and Honda ...
One of them could be Nissan, which Foxconn was reportedly interested in acquiring before the automaker started negotiating ...
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This Wild Electric 'Truck' Has Huge In-Wheel MotorsThe drive units are made by Elaphe, a Slovenian company. Elaphe was also a supplier of in-wheel motors for Lordstown Motors. In-wheel electric motors have a huge advantage over conventional drive ...
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