Tesla Rival Says it Will Build $ 30K Electric SUV in Ohio

One of the biggest stories in the EV world continues to be if Lordstown Motors (RIDE) – Get Lordstown Motors Corp. Class A Report agreement to sell its Ohio manufacturing to Taiwan-based Foxconn (FXCOF) will go through.

The 6.2-million-square-foot manufacturing facility had previously belonged to General Motors (GM) – Get General Motors Company Report.

It offers the necessary infrastructure to potentially manufacture hundreds of thousands of cars a year.

At one point, the facility employs over 4,500 people.


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