Lordstown Motors Corp., a leader in electric light-duty trucks, is developing the all-electric pickup truck, the Lordstown Endurance.Lisa Acierno | Lordstown Motors Corp.
COLUMBUS, Ohio – The Ohio House passed a bipartisan bill that would give Lordstown Motors a four-year sales tax exemption on engines, transmissions, batteries, breaks and other components that are unique to the production of electric vehicles.
House Bill 292 would offer the tax exemption to all companies involved in production of electric vehicle products, including plug-in motor vehicles and their charging stations, as well as vehicles that are battery-powered, hydrogen-powered or powered by alternative powertrain technology. The exemption would expire Dec. 31, 2026.
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November 19, 2021 at 09:38PM
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Ohio House passes bill to give struggling Lordstown Motors tax exemptions - cleveland.com
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