Tag: fanfare
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Launched to great fanfare a few years ago, Lordstown Motors is already bankrupt
[ad_1] Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing. In early May electronics company Foxconn wavered on a $170 million investment in Lordstown. The Ohio company said in a regulatory filing at the time that it…