Home cars EV maker Lordstown Motors’ assets sold to original CEO for $10M

EV maker Lordstown Motors’ assets sold to original CEO for $10M

25
0

Lordstown Motors’ founder and former CEO is buying the bankrupt EV maker’s assets, according to a September 29 filing with the U.S. Securities and Exchange Commission (SEC). Lordstown’s “selling entities” said in the filing that Steve Burns made the only qualified bid for what’s left of Lordstown, which filed for bankruptcy in late June. Burns…

Previous articleNew Nissan Hyper Urban ticks the concept car boxes: futuristic tech and mind-blowing doors
Next articleFirst look at new Suzuki Swift facelift set for Tokyo Motor Show