– General Motors Co confirmed on Thursday it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious plan to begin building electric pickup trucks by the end of 2020. Lordstown Motors Corp, which is 10% owned by Workhorse Group Inc, has retained an Ohio investment bank and is working to raise additional capital, Lordstown Chief Executive Steve Burns said in an interview. Workhorse shares jumped 22% on the news. The fate of the northeastern Ohio plant has become a lighting rod in the 2020 presidential election after GM announced in November 2018 its planned closure, drawing condemnation from U.S. President Donald Trump and many U.S. lawmakers. The fate […]