Green Car Congress

MAY 26, 2021

In its report of first quarter 2021 financial results and outlook, Lordstown Motors, a startup developing electric light duty trucks focused on the commercial fleet market ( earlier post ), said that the expected production of its Endurance full-size electric pickup in 2021 will be limited—at best 50% of prior expectations.

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Motor Motors Motoring Production 221

Teslarati

JUNE 27, 2023

Lordstown Motors has sued its investment partner Foxconn and filed for Chapter 11 Bankruptcy, sending the stock in a downward spiral on Tuesday morning. Lordstowns’ Chapter 11 filing will help the company reorganize its business affairs, debts, and assets. percent stake in Lordstown. I’d love to hear from you!

Motor 96

Motor Motors Motoring Taiwan 96

Green Car Reports

SEPTEMBER 24, 2020

Lordstown Motors on Wednesday showed the interior of its Endurance electric pickup truck for the first time. The four interior photos Lordstown released indicate a no-frills affair, in line with the.

Motor 215

Motor Motors Motoring Electric 215

Teslarati

NOVEMBER 12, 2021

Lordstown Motors ( NASDAQ: RIDE ) reported its Q3 2021 Financial Results on Thursday and reported that it will delay the Endurance all-electric pickup once again. Additionally, Lordstown Motors confirmed the sale of its Lordstown, Ohio factory to Foxconn. Welcome to Lordstown. RideWithLordstown.

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Ohio Motor Motors Motoring 132

Electric Cars Report

DECEMBER 2, 2022

Electric truck maker Lordstown Motors announced that its Endurance full-size electric pickup truck has achieved full homologation, a key condition to start sales. Certification has been received from both the EPA (Environmental Protection Agency) and CARB (California Air Resources Board).

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Motor Motors Motoring EPA 109

EV Specifications

NOVEMBER 8, 2022

Lordstown Motors and Foxconn announced that they reached an agreement pursuant to which Foxconn agreed to make additional equity investments in Lordstown Motors in the form of $70 million of LMC's Class A common stock, $0.0001 par value per share, and up to $100 million of a newly created Series A Convertible Preferred Stock, $0.0001 par value per (..)

Motor 105

Motor Motors Motoring Convert 105

Teslarati

MAY 1, 2023

Lordstown Motors’ financial life raft, Foxconn, is losing air as it threatened the automaker that it could pull out of its $170 million investment deal, which could send the company sinking into bankruptcy after starting production of its Endurance all-electric pickup. “Foxconn’s actions are completely unwarranted.

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Motor Motors Motoring Ohio 98

Green Car Reports

JUNE 8, 2021

Ohio-based Lordstown Motors dropped a surprise going-concern notice for investors and potential customers alike on Tuesday afternoon—essentially declaring that without additional capital, it won’t have enough money to ramp up production of its Endurance electric trucks.

Motor 157

Motor Motors Motoring Ohio 157

Teslarati

JUNE 22, 2023

Stephen Burns, the founder and former CEO of Lordstown Motors, has sold his entire stake in the electric vehicle maker. Burns’ sale of his Lordstown stake was made in three transactions between May and June. Lordstown’s reverse stock split was seen as an attempt to appease investor Foxconn.

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Motor Motors Motoring Legal 94

The Truth About Cars

APRIL 18, 2023

The Ohio-based Lordstown Motors has reportedly resumed assembly and delivery of its all-electric Endurance pickup this month, after having to pause production in February to address quality concerns. This has been reflected in the Lordstown stock, which has seen its value absolutely crater since February of 2021.

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Motor Motors Motoring Production 98

Green Car Congress

NOVEMBER 8, 2019

Lordstown Motors Corp. LMC), a new original equipment manufacturer (OEM), has acquired the GM manufacturing complex in Lordstown, Ohio. The LMC entity was created in connection with, and for the purpose of, acquiring the GM facility to manufacture electric trucks in Lordstown. —Steve Burns, LMC CEO.

GM 170

GM Motor Motors Motoring 170

Green Car Reports

NOVEMBER 17, 2020

Lordstown Motors announced Monday that it had accumulated 50,000 pre-orders for its Endurance electric pickup truck, which is now scheduled to start deliveries in fall 2021, with a full production ramp-up in 2022. The pre-orders are non-binding, and come from the commercial fleets that are Lordstown's target market.

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Motor Motors Motoring Fleet 173

Teslarati

JULY 16, 2021

Lordstown Motors is under federal investigation by the Securities and Exchange Commission (SEC) for falsifying pre-order counts and its merger with DiamondPeak Holdings, company representatives said. Attorney’s Office for the Southern District of New York that it is investigating these matters,” Lordstown Motors said.

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Motor Motors Motoring F-150 131

Green Car Reports

APRIL 22, 2020

Lordstown Motors confirmed that it will delay the launch of its Endurance electric pickup truck due to the ongoing coronavirus pandemic. Like most companies, the pandemic has caused us to tweak our plans," Lordstown Motors.

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Motor Motors Motoring 2020 176

Teslarati

JULY 12, 2022

Lordstown Motors announced today it promoted several of its executives, continuing to mix up its front office in preparation for the production of the Endurance all-electric pickup. Hightower, who previously served as Lordstown’s President, has been elected to the “additional role” of CEO, effective immediately.

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Motor Motors Motoring Production 90

Teslarati

MARCH 1, 2022

General Motors is no longer investing in Lordstown Motors as the Ohio-based electric vehicle startup continues to struggle to keep its doors open. GM confirmed on Tuesday that it sold its stake in Lordstown during Q4 2021 following “an undisclosed lock-up period,” spokesperson Jim Cain said to CNBC.

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General Motors Motor Motors Motoring 77

Electrek

OCTOBER 1, 2022

After a tumultuous four year journey to this point, Lordstown Motors has announced it has finally reached that pivotal moment in any flagship EV lifecycle, the start of commercial production. The post Lordstown Motors kicks off Endurance electric pickup production ahead of sales in Q4 appeared first on Electrek.

Motor 111

Motor Motors Motoring Sale 111

Green Car Reports

JULY 31, 2020

Lordstown Motors released the first ad for its Endurance electric pickup truck Thursday—even though first deliveries for the truck remain about a year away. The Endurance was designed primarily as a work vehicle aimed at fleet buyers, and the ad certainly shows that.

Motor 159

Motor Motors Motoring Electric 159

Green Car Reports

MAY 13, 2020

Lordstown Motors hasn't revealed many details of its Endurance electric pickup truck, but the company did say earlier this year that the truck will use in-wheel motors. Now we know exactly which motor Lordstown will use. They'll be licensed from Slovenian company Elaphe, and built at Lordstown's Ohio factory.

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Motor Motors Motoring Ohio 142

Electrek

APRIL 20, 2021

Lordstown Motors recently entered its electric Endurance pickup truck in the SCORE San Felipe 250 race, only to have to drop out after stage one. more… The post Lordstown Motors exits San Felipe 250 early, underestimates energy usage appeared first on Electrek.

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Motor Motors Motoring Energy 126

Green Car Reports

MAY 1, 2020

Lordstown Motors was created to build electric pickup trucks at a former General Motors factory in Lordstown, Ohio. While work to launch the truck, named Endurance, is on hold due to the coronavirus pandemic, Lordstown released a short video tour of the factory.

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GM Building Motor Motors 135

Teslarati

MAY 12, 2022

Lordstown Motors announced last night it has closed the sale of its manufacturing facility in Ohio to Foxconn after the two companies signed a contract manufacturing agreement and joint venture agreement for product development. Lordstown Motors (@LordstownMotors) May 11, 2022. 100 million incremental investment!

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Manufacturer Motor Motors Motoring 78

Electrek

NOVEMBER 7, 2022

Global tech company Foxconn has announced it will invest at least another $70 million and up to $170 million total in EV startup Lordstown Motors. The post Foxconn is investing another $70 million in Ohio’s Lordstown Motors to pursue revamped ‘EV program’ appeared first on Electrek.

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Motor Motors Motoring Ohio 98

Teslarati

MARCH 2, 2022

Lordstown Motors said today it will be bringing the Endurance all-electric pickup to the Association for the Work Truck Industry’s (NTEA) Work Truck Week event in Indianapolis, Indiana from March 9 to 11. Lordstown plans to begin deliveries of the truck before Tesla and Chevrolet bring their electric pickups to the market.

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Motor Motors Motoring Ohio 88

Green Car Reports

JUNE 14, 2021

The Ohio-based electric vehicle startup Lordstown Motors announced Monday morning that both CEO Steve Burns and CFO Julio Rodriguez are stepping down from their posts.

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Motor Motors Motoring Ohio 151

Green Car Reports

AUGUST 4, 2020

As it continues to develop its own electric pickup trucks, General Motors will invest in Lordstown Motors, which plans to build electric trucks at a former GM factory in Ohio. Lordstown announced a $75 million investment from GM Monday, along with plans for an initial public offering (IPO).

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GM Motor Motors Motoring 155

Electrek

APRIL 1, 2021

Today, Lordstown Motors rolled the first two Beta versions of its Endurance electric pickup truck off its manufacturing line. These two Betas are the first of 57 planned in total for Lordstown, as it gears up for mass production of the Endurance this fall.

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Motor Motors Motoring Manufacturer 98

Baua Electric

AUGUST 15, 2023

Lordstown Motors stated on Tuesday it had reached a $40-million agreement with Karma Car over a 2020 lawsuit by which the now-bankrupt electrical car company was once accused of stealing proprietary generation. The post Bankrupt Lordstown Motors reaches $40 million agreement with Karma Car appeared first on Bauaelectric Auto News.

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Karma Motor Motors Motoring 52

Electrek

MAY 12, 2022

Back in an unassuming corner near the exit of the ACT Expo at the Long Beach convention center sits a black Lordstown Motors Endurance pickup. Lordstown Motors has officially closed its deal with Foxconn, who will now build the former’s Endurance pickup under a new joint venture (JV) and manufacturing contract.

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Long Beach Motor Motors Motoring 94

Electric Cars Report

NOVEMBER 12, 2022

Lordstown Motors Corp.

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Motor Motors Motoring Electric Cars 104

Teslarati

JUNE 9, 2021

Lordstown Motors says it is running out of cash for its future development of electric vehicles and might be forced to close its doors for good within the next year. Lordstown Motors is based in Lordstown, Ohio, and the company purchased a 6.2 million square foot factory from General Motors in 2019.

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Motor Motors Motoring F-150 79

Baua Electric

OCTOBER 18, 2023

LAS Capital, majority-owned by means of former CEO Steve Burns, will gain Lordstown’s highbrow component, trade data, and equipment together with meeting traces for EV motors and batteries. The post Lordstown Motors ex-CEO licensed to shop for corporate belongings for $10 million appeared first on Bauaelectric Auto News.

Corporation 52

Corporation Motor Motors Motoring 52

Teslarati

OCTOBER 1, 2021

Lordstown Motors, an electric vehicle startup based in Ohio, has announced that it has agreed in principle to work jointly on electric vehicle programs with iPhone manufacturer Hon Hai Technology Group, more commonly known as Foxconn. Foxconn appears to be Lordstown’s choice. Lordstown obliged to the subpoenas.

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Ohio Manufacturer Motor Motors 91

Green Car Reports

APRIL 3, 2020

Lordstown Motors released a handful of updates on its efforts to get an electric pickup truck into production at a discarded General Motors factory, including a statement on the company's response to the global coronavirus pandemic.

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Motor Motors Motoring General Motors 137

Baua Electric

JULY 27, 2023

The results of the trial will decide what belongings Lordstown is in a position to promote in Bankruptcy 11 and may just dictate if the startup is in a position to live to tell the tale chapter, Pass judgement on Walrath stated. The chapter is Lordstown Motors Corp., Karma seeks $913.2 23-10831, U.S.

Karma 52

Karma Motor Motors Motoring 52

Green Car Reports

FEBRUARY 24, 2020

Yamaha moves into the electric-motor business. Lordstown Motors is planning to put four motors inside its pickup’s wheels. And Audi shows off its three-motor version of the E-Tron. Tesla is working on a very smart suspension for the Cybertruck. This and more, here at Green.

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Porsche Motor Motors Motoring 121

Green Car Reports

MAY 28, 2020

Since it emerged last year, Lordstown Motors has been considered a small niche operation aiming at the sustainability-report margins: corporate fleets, public utilities, and worksites that want to be seen as sustainable.

Motor 114

Motor Motors Motoring Detroit 114