Tesla Rival Says it Will Build $30K Electric SUV in Ohio [TheStreet.com]
Lordstown Motors Corp. - Class A (RIDE)
Company Research
Source: TheStreet.com
One of the biggest stories in the EV world continues to be if Lordstown Motors(RIDEGet Lordstown Motors Corp. Class A Reportagreement to sellFXCOFThe 6.2-million-square-foot manufacturing facility had previously belonged to General MotorsGMGet General Motors Company ReportIt offers the necessary infrastructure to potentially manufacture hundreds of thousands of cars a year.At one point, the facility employed over 4,500 people.While the deal has been up in the air amid closing negotiations and delays, Foxconn and Lordstown Motors eventuallyclosed itDays later, it is also promising to start rolling out a flashy-yet-affordable electric vehicle.Is The PEAR A Fruit?As part of its partnership with electric car manufacturer FiskerFSRGet Fisker Inc Class A ReportOn May 12, the company started teasing a second PEAR, this time an electric SUV that will be built at the Lordstown factory.The electronics company is promising the same $29,900 price before any tax incentives offered by municipalitie
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