Thursday, March 25, 2021

SF Motors to sell Indiana plant to Michigan van maker Electric Last Mile

SF Motors, the U.S. subsidiary of Chinese light-vehicle manufacturer Sokon, plans to sell an electric-vehicle assembly plant in Indiana to Michigan electric van maker Electric Last Mile. The deal is priced at $145 million, Shanghai-listed Sokon said in a statement Wednesday. 



from Section Page News - Automotive News https://ift.tt/31g7mWa

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