EV maker Lordstown plans to sue Foxconn over stake dispute
09/06/2023 11:22
June 9 (Reuters) - Lordstown Motors RIDE.O said on Friday it plans to take legal action against major investor Foxconn 2317.TW to ensure that the Taiwanese contract manufacturer completes a planned purchase of nearly 10% of the electric vehicle startup's shares. (Reporting by Tiyashi Datta in Bengaluru; Editing by Savio D'Souza) ((tiyashi.datta@thomsonreuters.com;))
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