Lordstown: Lordstown Motors comes out of bankruptcy with a new name to fight Foxconn

Lordstown Motors has emerged from bankruptcy with a new name and a nearly-singular focus: continuing its lawsuit against iPhone-maker Foxconn for allegedly "destroying the business of an American startup." The company announced in a late Thursday regulatory filing that it has put into effect a Chapter 11 restructuring plan that was recently approved by the [...] © 2024 TechCrunch. All rights reserved. For personal use only.