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Nov 7 (Reuters) – Lordstown Motors Corp (RIDE.O) said on Monday that Foxconn Ventures Pte Ltd will buy some of the electric vehicle maker’s shares in two rounds, that would make the Taiwanese contract manufacturer its largest shareholder.

Reporting by Mehnaz Yasmin in Bengaluru; Editing by Shailesh Kuber

Our Standards: The Thomson Reuters Trust Principles.

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Published November 7, 2022By Ritters US Newsfeed
Categorized as Uncategorized Tagged Contract Manufacturer

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