Tag Archives: Paid

Lordstown Motors Paid $12.2M for Workhorse Tech

LORDSTOWN, Ohio – Lordstown Motors Corp. paid Workhorse Group Inc. $12.2 million last year to license the Cincinnati-based electric truck manufacturer’s technology.  The noncash license income was part of the income Workhorse included in its fourth-quarter and 2019 full-year results Tuesday morning.  Under the agreement, which the two companies entered …

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