In November, GM sold its Lordstown assembly plant to a new company called Lordstown Motors Corp., which is closely tied to another start-up called Workhorse Group Inc. Lordstown Motors plans to build electric pickup trucks. Here's some answers to questions you may have been wondering about when it comes to Lordstown Motors: What's Workhorse, what's Lordstown Motors and what's the difference? Lordstown Motors CEO Steve Burns acknowledges it can be hard for people to delineate. What were the terms of the sale of the GM plant? The sale price was approximately $20 million. GM confirmed it has extended loans of up to $50 million because of delays in the sale caused by the nearly two-months strike by GM workers this summer. The deal also includes a buy-back option from GM that expires May 30, and options for GM to lease land and plant space from Lordstown Motors.