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Lordstown was burning by means of hard cash and sold its factory to Foxconn, that's best recognized for assembling Apple’s iPhones at factories in China. In Trade for the plant, Foxconn invested hundreds of thousands into Lordstown and was designed to manufacture the Endurance pickup.
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Lordstown Motors, the troubled electric auto firm that bought a shuttered Standard Motors manufacturing unit in Ohio with grand options to make the Tesla of pickup vans, filed for bankruptcy protection on Tuesday.
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