Lordstown Motors has filed for Chapter 11 bankruptcy protection and is up for sale. The move comes as Lordstown could not resolve a dispute with Foxconn over a promised investment. In addition to all of […]
If a difficult road to production and an electric pickup truck with shockingly low range wasn’t enough to deal with, Lordstown Motors is gearing up for a legal battle with Taiwanese company Foxconn. According to […]
The 2023 Lordstown Endurance has received its official EPA rating, and for those hoping for good news, you will be disappointed. The Ohio-built EV only scored an EPA Combined Range of 174 miles (280 km). […]
Lordstown received what appeared to be a lifeline from Foxconn last November, in which the Taiwanese tech giant would invest as much as $170 million through a purchase of preferred stock and common shares. That […]
Lordstown surprised many last year when it announced the start of production and deliveries of its electric pickup truck known as the Endurance. The good news has been short lived however as the automaker announced […]
Lordstown Motors Corp has agreed in principle to sell a substantial stake in the company to Foxconn. As per Bloomberg, the agreement will see Foxconn invest as much as $170 million through a purchase of […]
According to sources, Lordstown Motors Corp is running low on cash and is nearing an agreement to sell their Ohio factory to Foxconn. Lordstown bought the plant in late 2019 from General Motors, but the […]
Lordstown Motors is warning investors it might go out of business over the next year as it continues to burn through cash in its run up to develop an electric pickup truck. In a regulatory […]
Hindenburg Research has set their sights on a new target by releasing a new report that paints electric vehicle (EV) startup Lordstown Motors in a less than flattering light. If you haven’t heard of Hindenburg […]
Lordstown Motors will be following in the footsteps of other electric vehicle makers in recent months to launch an initial public offering (IPO) through a merger with another company. In the last two months, both […]
