Lordstown Motors Takes a Hard Turn, Files for Bankruptcy and Sues Foxconn: The Legal Battle that Sho

Lordstown Motors Files for Bankruptcy and Sues Foxconn

Daily Driven Hot Lap

Lordstown Motors is in hot water as they announce their bankruptcy filing and sue their contract manufacturing partner, Foxconn. This is no ordinary legal battle, as the manufacturing arm of Taiwan’s Hon Hai Technology Group may have some explaining to do. Let’s dive into the details!

Key Points:

1. Lordstown Motors has filed for Chapter 11 bankruptcy protection in a Delaware court.

2. The company is also suing Foxconn, their contract manufacturing partner.

3. The legal complaint alleges that Foxconn failed to meet their contractual obligations.

4. Lordstown Motors is seeking monetary damages from Foxconn.

Original Article: https://www.motorauthority.com/news/1140050_lordstown-files-for-bankruptcy-suing-foxconn