https://techcrunch.com/2021/09/30/lordstown-motors-in-talks-to-sell-its-6-2m-square-foot-factory-to-taiwans-foxconn/

EV startup Lordstown Motors made headlines when it purchased a 6.2 million-square-foot factory from General Motors in 2019. Now, it looks like the strapped-for-cash startup will likely sell that facility to Taiwan’s Foxconn Technology Group.

The news was first reported by Bloomberg, who said unnamed sources suggested the deal could close as early as this week. Lordstown executives had said during a second quarter earnings call that the company was in “serious discussions” with partners to lease the northeast Ohio facility to other companies, so news of the sale isn’t a total surprise.