Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.

Lordstown Motors says it is in danger of failing because Foxconn is looking to back away from an agreement to invest up to $170 million in the commercial electric vehicle startup.

Lordstown Motors, an Ohio manufacturer that has come under scrutiny over the number of orders it claimed it had for the electric trucks that it wants to produce, acknowledged that it has received two subpoenas from federal regulators and that prosecutors in New York have opened an investigation.

Struggling electric truck maker Lordstown Motors says it doesn’t have any firm orders for its new pickups.

Startup electric truck maker Lordstown Motors says it’s still on track to begin production this fall despite a bumpy past week.

Lordstown Motors is now likely headed to court amid allegations of fraud.

The company called Lordstown Motors Corp. plans to hire 400 production workers at the outset, but said it still needs more investors before manufacturing can begin. Terms of the sale and the investors who are behind the deal weren’t disclosed by the privately held Lordstown Motors. Burns was a founder of Cincinnati-based Workhorse Group, a fledgling electric truck maker, that will hold a minority stake in a new venture and provide it with technology needed for the new pickup trucks. Burns said he knows there will be skepticism until Lordstown Motors starts producing an electric pickup truck that customers love. GM also is building an electric vehicle battery cell factory in the Lordstown area that will be run by a joint venture.

DETROIT - It's been a high-stakes day for the UAW. It's national GM council spent hours sequestered, pouring over the tentative deal and when a decision finally came down it was tense and emotional. Moments after the UAW's National Council voted to send that tentative deal to the membership it got tense. UAW members from Lordstown, which under this deal remains shuttered, heckled other shop cahirmen as they left the hourslong marathon meeting. Read more:Previous coverage:Copyright 2019 by WDIV ClickOnDetroit - All rights reserved.

(CNN) - The deal to end the month-long strike at General Motors will not save an assembly plant in Lordstown, Ohio, and two other transmission plants, according to a person familiar with the agreement. During contract negotiations, the United Auto Workers union demanded GM bring some of the trucks it builds in Mexico to U.S. plants. There were more than 3,000 union jobs at the four plants when plans to close them were announced in November. Wolikow is still with GM, having transferred to a GM plant in Flint, Michigan not long before the Lordstown plant stopped building cars. And it is looking at a possible sale of the Lordstown plant to a company that may build electric vehicles there.

Instead, GM wants to sell the plant to a fledgling electric vehicle maker and build an electric vehicle battery factory that would probably be run by a GM joint venture. The battery plant proposal and the fate of the Lordstown plant are playing out amid negotiations aimed at ending the strike by 49,000 members of the United Auto Workers that has paralyzed GM auto production nationwide for nearly two weeks. The wages would be much lower, too as much as 50% below the $30-an-hour top pay now made by UAW production workers. All of this means its doubtful any of the workers who have left Lordstown would consider coming back. But Democrats say Trump has done little in recent months to push the automaker to save jobs at Lordstown.

Today Lordstown is a central issue in an ongoing labor strike by nearly 50,000 GM workers. Who will make those batteries is a sticking point in the strike, which is in its 11th day. The batteries are a major part of the cost of building and electric car. GM believes it needs batteries at a competitive cost if it's going to succeed in the electric car market. In addition the electric cars they go into have fewer moving parts than do traditional cars with internal combustion engines.