https:\/\/www.theverge.com\/2022\/3\/1\/22957094\/gm-sell-stake-lordstown-motors-ev-factory-foxconn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Source: General Motors is selling its stake in Lordstown Motors, an electric vehicle startup that has struggled to produce its first vehicle. GM owned 7.5 million shares, or less than 5 percent of the company, with an initial equity value of $75 million. The news was first reported by the Detroit Free Press. The sale […]<\/p>\n","protected":false},"author":1,"featured_media":362,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17,8],"tags":[18],"class_list":["post-361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","category-technology","tag-tech"],"yoast_head":"\n
GM is selling its stake in embattled EV startup Lordstown Motors - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/03\/02\/gm-is-selling-its-stake-in-embattled-ev-startup-lordstown-motors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GM is selling its stake in embattled EV startup Lordstown Motors - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source: General Motors is selling its stake in Lordstown Motors, an electric vehicle startup that has struggled to produce its first vehicle. GM owned 7.5 million shares, or less than 5 percent of the company, with an initial equity value of $75 million. The news was first reported by the Detroit Free Press. 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