Published 2 months ago

GM Related Lordtown Motors Completes Bankrupcy Deal

Summary by Ground News

GM has had a long list of major failures with its attempts to invest in EV related companies or make electric cars. GM recalled 140,000 Chevrolet Bolt EV vehicles made between 2017 and 2023 and 2022 Bolt EUV models. Bolt owners were told not to park their cars near houses because of fire risk.

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GM Related Lordtown Motors Completes Bankrupcy Deal

Lordstown Motors has completed a bankruptcy deal. GM invested $75 million in the EV startup Lordstown Motors in 2019, and then sold in late 2021. GM invested as part of the sale of an Ohio plant to the electric vehicle startup as well as a $675 million SPAC deal that took Lordstown public. Lordstown Motor ...

2 months ago·United States

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GM Related Lordtown Motors Completes Bankrupcy Deal

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GM Related Lordtown Motors Completes Bankrupcy Deal

GM Related Lordtown Motors Completes Bankrupcy Deal

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