{"id":136739,"date":"2023-06-29T11:23:10","date_gmt":"2023-06-29T09:23:10","guid":{"rendered":"https:\/\/newmobility.news\/?p=136739"},"modified":"2023-07-01T11:08:27","modified_gmt":"2023-07-01T09:08:27","slug":"ev-start-up-lordstown-motors-files-for-bankrupcy","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2023\/06\/29\/ev-start-up-lordstown-motors-files-for-bankrupcy\/","title":{"rendered":"EV start-up Lordstown Motors files for bankrupcy"},"content":{"rendered":"

Following a troubled relationship with its investment and manufacturing partner Foxtron, electric pickup maker Lordstown Motors has filed for protection against debtors. In the eponymous town, the company had the Endurance assembled in a factory that it had sold to the Taiwanese firm. But as the latter allegedly broke the terms of an investment agreement, the future of Lordstown Motors turned bleak.<\/p>

Foxtron, the automotive branch of iPhone maker Foxconn, bought the Lordstown plant in 2021. It has invested 150 million dollars in the site and promised to inject 170 million dollars to solve production problems with Endurance. The Taiwanese company also builds an electric tractor called Monarch in Lordstown.<\/p>

This content has been archived. Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"

Following a troubled relationship with its investment and manufacturing partner Foxtron, electric pickup maker Lordstown Motors has filed for protection against debtors. In the eponymous town, the company had the Endurance assembled in a factory that it had sold to the Taiwanese firm. But as the latter allegedly broke the terms of an investment agreement, […]<\/p>\n","protected":false},"author":715,"featured_media":136746,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[16,8,4,17],"tags":[],"class_list":["post-136739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-product","category-top-stories-today","category-weekly-newsletter"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=1400%2C700&ssl=1",1400,700,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=300%2C150&ssl=1",300,150,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=640%2C320&ssl=1",640,320,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=640%2C320&ssl=1",640,320,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=1400%2C700&ssl=1",1400,700,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=1400%2C700&ssl=1",1400,700,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=18%2C9&ssl=1",18,9,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?fit=560%2C280&ssl=1",560,280,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=1400%2C240&ssl=1",1400,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=1400%2C180&ssl=1",1400,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=1400%2C180&ssl=1",1400,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/06\/Lordstown-Endurance.jpg.webp?resize=1400%2C180&ssl=1",1400,180,true]},"post_excerpt_stackable_v2":"

Following a troubled relationship with its investment and manufacturing partner Foxtron, electric pickup maker Lordstown Motors has filed for protection against debtors. In the eponymous town, the company had the Endurance assembled in a factory that it had sold to the Taiwanese firm. But as the latter allegedly broke the terms of an investment agreement, the future of Lordstown Motors turned bleak.Foxtron, the automotive branch of iPhone maker Foxconn, bought the Lordstown plant in 2021. It has invested 150 million dollars in the site and promised to inject 170 million dollars to solve production problems with Endurance. The Taiwanese company…<\/p>\n","category_list_v2":"Industry<\/a>, Product<\/a>, Top Stories Today<\/a>, Weekly Newsletter<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"\nEV start-up Lordstown Motors files for bankrupcy - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/06\/29\/ev-start-up-lordstown-motors-files-for-bankrupcy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EV start-up Lordstown Motors files for bankrupcy - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Following a troubled relationship with its investment and manufacturing partner Foxtron, electric pickup maker Lordstown Motors has filed for protection against debtors. In the eponymous town, the company had the Endurance assembled in a factory that it had sold to the Taiwanese firm. 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