Lordstown receives letter from Foxconn alleging agreement breach
May 1 (Reuters) - Lordstown Motors Corp said on Monday that Taiwan's Foxconn had alleged that the electric-vehicle startup was in breach of their investment agreement following a Nasdaq delisting notice.
The U.S. company said it was in talks with Foxconn to seek a resolution.
(Reporting by Tiyashi Datta in Bengaluru; Editing by Anil D'Silva)