Lordstown Motor’s bankruptcy makes life harder on the upstart automakers still standing — but this hot glare of reality is exactly what the market needs.
As production resumes for Lordstown Motors' electric Endurance pickups, the company announced an agreement to use Amerit Fleet Solutions' service and maintenance to its commercial fleet customers.
To date, 20 vehicles from 13 manufacturers will be on display and available to drive at the 2022 Fleet Forward Conference.
It’s been a bumpy ride to get here, and the electric truck maker’s ability to scale production is still cloudy.
Edward Hightower, the electric vehicle company's current president, will become its new CEO. Hightower succeeds Daniel Ninivaggi, who moves into a strategic role as the company’s executive chairman.
Get a sneak peek at Lordstown Motors’ full-size all-electric Endurance pickup and key stats about the vehicle in this walkaround video from Work Truck Week.
The departures follow financial and production challenges in a more competitive and growing market for electric pickup trucks.
A day after filing an amended 10-K that casts doubt on the electric-truck maker’s survival into 2022, the company said it has “multiple avenues to raise capital."
The release of the beta models, two of 57 to be produced, comes at a critical juncture for the upstart electric automaker.
With short seller “investigative reports,” tightly spun narratives set public opinion that can crash a stock by the end of the day. Shouldn’t a company’s valuation be based on the performance of finished product and meeting production timelines? Asking for Lordstown Motors.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In
