Industry

Focxonn is arguing that it's still entitled to buy the same number of Lordstown shares, at the same price following 15-to-1 stock split, which would give it more than 60% of the American startup

Expect more Lucid tech to be licensed in the near future, as the company eyes a move downmarket to supply cheaper mass offerings

Faraday Future is also thought to be planning a reverse stock split to stay listed on the Nasdaq

Lordstown claims Foxconn used its contracts to destroy its business and leverage its resources

The automaker says that it'll help improve mapping and future charging infrastructure