Bankrupt electric ute start-up Lordstown outfoxed by tech giant – report

A Taiwanese company with links to tech giant Apple could soon be the majority owner of an electric-car start-up in the US after a surprising move.


A large tech company with close ties to Apple may end up with a majority shareholding in struggling electric-car start-up Lordstown, after it outmanoeuvred the automotive firm in the lead-up to its recent bankruptcy.

New information has surfaced suggesting Taiwanese tech giant Foxconn – the world’s largest technology…

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