Laura Hancock

Government, Business, Fuel, TCA

Lordstown Motors Poised for Tax Exemptions Under Ohio Bill

Lordstown Nears Deal to Sell Ohio Plant to Taiwan’s Foxconn Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio. (Dustin Franz/Bloomberg)

COLUMBUS, Ohio – The Ohio House passed a bipartisan bill that would give Lordstown Motors a four-year sales tax exemption on engines, transmissions, batteries, brakes and other components that are unique to the production of electric vehicles.

Laura Hancock | cleveland.com
November 19, 2021