Lordstown Motors delivers just 3 Endurance pickups in 2022, begins pivot to new Foxconn EV platform
and invested in the startup last year in a deal that could eventually be worth up to $170 million if all milestones are hit.
Lordstown said that Foxconn has so far invested $52 million, of which $30 million is earmarked for a new EV platform, which will incorporate components and engineering developed by the Mobility in Harmony Consortium , a Foxconn-led effort to develop an open architecture for electric vehicles.
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