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Transcripts for BBCNEWS World Business Report 20240604 04:37:00

Started in 2019 and was heralded by then us president donald trump as a company that was bringing back manufacturing. since then, it has struggled to make electric trucks, selling only a handful. lordstown motors also blames part of their failures on the taiwanese company which lordstown motors says promised to invest more money and to collaborate on vehicle development plans. foxconn, which has already invested more than $50 million said it was hoping to negotiate a solution to lordstown motors financial woes. now, lordstown is not the only electric truck maker which has been suffering. ruvian has made less cars, trucks and vans thanit made less cars, trucks and vans than it had expected. it s all a big comedown from the electric car frenzy that hit wall street investors just a few years ago. wall street investors ust a few years agmfi wall street investors ust a few years ago. let s stay in the states. ....

Us , Foxconn , Donald-trump , Trucks , Handful , Back-manufacturing , 2019 , Money , Lordstown-motors , Part , Vehicle-development-plans , Company