Lordstown will list on NASDAQ through a merger with DiamondPeak Holdings Corp. The EV maker has received more than 27,000 pre-orders for its Endurance electric pickup, primarily from commercial fleet customers.
Reminiscent of the classic Americana commercial spots the Detroit 3 have used for its pickups, the Lordstown Motors video shows the electric Endurance pickup performing work duties “in the wild.”
The partnership will help to introduce the electric Endurance commercial pickup truck to vocational fleets in North America. Holman divisions ARI will provide fleet management services and Auto Truck Group will provide upfits for commercial applications.
The "production intent" rendering of Lordstown's Endurance EV pickup interior reveals the design and prototyping of the new electric truck done in partnership with Hydra Design Labs.
While the Endurance launch event offered more big-picture proclamations than actual truck specs, Lordstown CEO Steve Burns pointed out one reason why an all-electric pickup will be so tantalizing for fleets.
Lordstown Motor Corp.’s CEO Steve Burns said preorders from commercial and fleet customers for the all-electric Endurance pickup exceed the company’s production capacity of 20,000 units for 2021.
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According to a letter of intent, ServPro will be among the first commercial fleet customers to take delivery of the Endurance pickup when full scale production begins in early 2021.
The company published an update on factor preparations and introduced the first three members of its board of directors.