Green Car Reports

JUNE 27, 2023

Lordstown Motors Corporation has fallen apart. Lordstown said it's looking to sell the Endurance electric truck and related. On Tuesday, the electric truck startup filed for bankruptcy protection and listed itself for sale.

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Taiwan Corporation For Sale Sale 119

Green Car Congress

SEPTEMBER 26, 2021

Ultium Cells LLC, a joint venture between LG Energy Solution and General Motors (GM), will use Honeywell’s Quality Control System (QCS) to ensure the quality and integrity of the lithium-ion batteries produced at its new manufacturing plant in Lordstown, Ohio. Due to be completed in 2022, the 2.8 Due to be completed in 2022, the 2.8

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Lithium Ion Batteries Battery Hummer 273

Green Car Reports

MAY 11, 2022

Lordstown Motors on Wednesday announced the completion of the sale of its former GM factory to Hon Hai Technology Group—otherwise known as Foxconn, best known as the contract maker of the iPhone. That makes Foxconn an automaker, and enables several potential EV-making activities at the Lordstown, Ohio site.

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Ohio GM Sale Motor 185

The Truth About Cars

JUNE 27, 2023

On Tuesday, Lordstown Motors Corp. Lordstown’s share price collapsed in 2021 and the company has suffered numerous production delays. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. But it’s not bad news for everybody.

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Motor Motors Motoring Ohio 105

Green Car Reports

JULY 28, 2023

Bankrupt Lordstown Motors must face a trial over fellow EV firm Karma Automotive's claim that the Ohio-based automaker stole infotainment technology, Reuters reported Thursday. Lordstown filed for bankruptcy in June and had asked U.S.

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Karma Delaware Ohio Motor 120

Green Car Reports

FEBRUARY 23, 2023

And Lordstown Motors is recalling the Endurance over a propulsion issue. Lordstown Motors has paused production on the Endurance electric truck due to. California clamps down on replacement tire efficiency. Rivian thinks about charging stations fanning hot electric truck batteries as they charge.

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California Charging Green Cars Cars 157

Teslarati

MAY 30, 2023

The Lordstown Endurance all-electric pickup truck’s range estimate from the EPA has been released, and it is surprisingly low. As could be seen in its review from Car and Driver , Lordstown was expecting a range of just about 200 miles for the vehicle. Also noteworthy is Lordstown’s fall from grace over the years.

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EPA Range Hummer F-150 131

The Truth About Cars

OCTOBER 18, 2023

Ohio-based Lordstown Motors has received approval from the U.S. LAS Capital, owned by Stephen Burns, will reportedly receive Lordstown's intellectual property, business data, and any machinery used for manufacturing. that inflated Lordstown Motors’ valuation in October 2020, Burns owned about 25 percent of the company stock.

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Buy Companies Ohio General Motors 115

Green Car Congress

NOVEMBER 8, 2022

Lordstown Motors (LMC), an original equipment manufacturer of electric vehicles focused on the commercial fleet market, and Foxconn Ventures Pte. LMC and Foxconn have agreed to terminate the existing joint venture arrangement between Lordstown EV Corporation and Foxconn EV Technology, Inc.

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Motor Motors Motoring Corporation 150

Green Car Reports

FEBRUARY 23, 2023

Ohio’s Lordstown Motors announced that it “has experienced performance and quality issues with certain Endurance components.” ” That’s led to a temporary stop to both production and customer deliveries, and it will lead to the company’s first recall.

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Production Ohio Electric Electrical 161

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!

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Motor Motors Motoring Taiwan 97

Electric Cars Report

OCTOBER 4, 2022

Electric truck maker Lordstown Motors has started commercial production of its Endurance full-size pickup truck, and provided a business update. These vehicles are part of the first batch of up to 500 […] The post Lordstown Motors Begins Production of Endurance Electric Pickup Truck appeared first on Electric Cars Report.

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Motor Motors Motoring Production 133

Teslarati

JUNE 9, 2023

Lordstown Motors has never had a smooth road ahead of it. Lordstown responded by stating the allegations were “without merit,” and the terms of the Investment Agreement would not permit Foxconn to terminate the agreement at the time. Lordstown shares fell over 30 percent on the news that day.

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Purchase Companies Light Market 112

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 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 implemented the reverse stock split in May to comply with the Nasdaq’s minimum $1 listing requirement.

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Motor Motors Motoring Legal 95

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.

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Motor Motors Motoring Electric 215

Teslarati

MARCH 6, 2023

Lordstown Motors ( NASDAQ: RIDE ) remains resilient as its story continues to be one of trying times, low cash flow, and miscues in early production. It is the latest revelation in automotive startups attempting to enter the competitive field of electric vehicles, and Lordstown is hanging on after it reported its Q4 earnings report on Monday.

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Production Motor Motors Motoring 98

Green Car Reports

OCTOBER 3, 2023

The remains of Lordstown Motors get flipped back to a familiar face. Tesla and Rivian update on sales. And Volvo gives its smallest EV a very attractive price tag. This and more, here at Green Car Reports. Volvo has confirmed that its EX30 EV will start at $36,245 for the U.S., with deliveries expected to start next summer.

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Volvo Price Sale Tesla 120

Electrek

APRIL 5, 2023

The first tractors recently rolled off assembly lines at the well-known Lordstown production facility in Ohio. more… The post Foxconn begins rolling first Monarch electric tractors off assembly lines in Lordstown appeared first on Electrek.

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Ohio Electric Electrical Manufacturer 130

Teslarati

MAY 5, 2023

Lordstown Motors has had a rough couple of years. While Lordstown believes Foxconn’s allegations are “without merit,” it does not sound like it expects the deal to continue. “To Lordstown is continuing to attempt to resolve its relationship with Foxconn, and that could include a revised list of terms.

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Production Ohio Future Market 96

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. Lordstown has been struggling with cash flow issues for most of 2021.

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Ohio Motor Motors Motoring 133

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. Disclosure: Joey Klender is not a Lordstown or Foxconn investor.

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Motor Motors Motoring Ohio 98

Teslarati

MARCH 10, 2023

Lordstown Motors is recalling five units of the Endurance electric pickup due to a potential failure of the electric parking brake. The National Highway Transportation Safety Administration (NHTSA) and Lordstown Motors launched a recall on March 3 to fix the issue, which stems from a weakened clamping performance, documents state.

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Electric Electrical Motor Motors 86

Electrek

JUNE 9, 2023

The Lordstown (RIDE) and Foxconn dispute is heating up. American EV startup Lordstown (RIDE) said in an SEC filing Friday it’s planning to take legal action against Foxconn over its latest investment agreement. more… The post Lordstown (RIDE) to take legal action against Foxconn over funding dispute appeared first on Electrek.

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Legal 99

Green Car Reports

MAY 10, 2022

And is this a new start or the beginning of the end for Ohio’s Lordstown Motors? Will Lordstown survive? BMW believes in electric versions of its gasoline sedans. EV chargers are a security concern. This and more, here at Green Car Reports.

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Gasoline BMW Ohio Gasoline-Electric 157

Electrek

AUGUST 9, 2022

Foxconn has signed its first contract manufacturing agreement since acquiring a Ohio facility from Lordstown Motors. In addition to building EVs for Lordstown and Fisker Inc., The post Foxconn to manufacture electric tractors for Monarch at newly acquired Lordstown facility appeared first on Electrek.

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Manufacturer Fisker Ohio Electric 139

Green Car Reports

JANUARY 12, 2021

Lordstown Motors on Monday confirmed 100,000 non-binding pre-orders for its Endurance electric pickup truck, and said in a press release that the pickup is "on track" to start production in September. That milestone comes just two months after Lordstown announced 50,000 pre-orders for the Endurance.

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Production Fleet Electric Electrical 186

Electrek

APRIL 20, 2023

EV startup Lordstown Motors (RIDE) said it had received a notice of delisting from The NASDAQ Stock Market LLC Wednesday due to its falling stock price. Lordstown and other EV startups have seen their stock prices crater since going public, falling over 90% in many cases.

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Price Motor Motors Motoring 101

Teslarati

FEBRUARY 23, 2023

Electric vehicle manufacturer Lordstown Motors has announced a temporary halt in the production and delivery of the Endurance, its all-electric pickup truck. Regulatory filings have indicated that Lordstown had produced 31 vehicles for sale and delivered six units as of January 3, 2023.

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Production All-Electric Connect Connected 91

Green Car Congress

JULY 30, 2020

Tuesday marked the beginning of steel construction at the all-new Ultium Cells LLC battery cell manufacturing facility in Lordstown. Our joint venture with LG Chem will allow us to produce advanced battery cells in Lordstown, with the goal of reducing battery costs to accelerate EV adoption and ultimately benefit customers.

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GM Batteries Battery Hummer 269

Teslarati

AUGUST 5, 2022

Lordstown Motors ( NASDAQ: RIDE ) reaffirmed its plans to start production of the Endurance all-electric pickup during the third quarter of 2022 while reporting its Earnings for Q2 earlier this week. Lordstown expects Q3 to see the start of commercial production, while deliveries should begin in Q4, it said. I’d love to hear from you!

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Production North America Ohio Motor 88

Electrek

NOVEMBER 29, 2022

It’s an exciting day for electric truck enthusiasts, with Lordstown Motors (RIDE) announcing its Endurance EV pickup has achieved full homologation. The post First batch of Lordstown Endurance EV pickups leaving Ohio Foxconn plant for delivery appeared first on Electrek.

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Ohio Motor Motors Motoring 139

Electrek

JUNE 22, 2023

EV startup Lordstown Motors (RIDE) continues facing an uphill battle in bringing its Endurance electric pickup to market. The company’s founder and former CEO has now sold his entire stake in Lordstown as a dispute with Foxconn over funding could end in bankruptcy.

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Motor Motors Motoring Market 98

The Truth About Cars

JUNE 18, 2021

We’ve got more bad news about Lordstown Motors. The post Lordstown Deathwatch: Another Unflattering SEC Filing Emerges appeared first on The Truth About Cars. That’s not what the company was saying several months ago. That’s not what the company was saying several months ago. Hell, that […].

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Purchase Motor Motors Motoring 133

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. The first units, of the initial […] The post Lordstown Motors launches customer deliveries of the Endurance electric pickup truck appeared first on Electric Cars Report.

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Motor Motors Motoring EPA 109

Green Car Reports

MAY 2, 2023

Lordstown Motors could be in financial trouble. Hyundai’s supplier shows off its e-Corner EV tech with a crab walk and pivot turn. And is a growing group of U.S. shoppers rejecting EVs? This and more, here at Green Car Reports. In its latest survey data, J.D. Power saw a higher portion of shoppers indicating they were “very.

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Hyundai Cars Green Cars Green 124

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.

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GM Motor Motors Motoring 170