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They were a startup that tried to keep the GM plant in Lordstown running after GM downsized. Their original business model was EV conversion packages for standard IC cars, but wanted to keep jobs in the area so they tried to grow a business into fleet vehicles.
I'll add on to this, they got a massive partnership with Foxconn, and then Foxconn basically screwed them on it.
*Basically sold themselves to Foxconn
Foxconn doing Foxconn things.