Electric pickup truck maker Lordstown Motors announced today a new deal to go public through a reverse merger at a $1.6 billion valuation.
Lordstown Motors Stories August 3
Lordstown Motors Stories July 30
Lordstown Motors has released a video of a working prototype of its electric pickup truck marketed as a vehicle for the “working man.”
Lordstown Motors Stories June 25
Lordstown Motors has unveiled a working prototype of its Endurance pickup truck, which is equipped with 4 in-wheel motors. expand full story
Lordstown Motors Stories April 21
Lordstown Motors, an electric vehicle startup, is pushing its plan to deliver a $52,500 electric pickup truck to next year due to the coronavirus pandemic. expand full story
Lordstown Motors Stories February 12
President Trump’s 2021 budget released Monday calls for canceling the Energy Department’s loan-guarantee program for advanced auto technology. In that program, Tesla in 2010 received a $465 million loan that helped the company produce the Model S, launching the company into the mainstream car market. Tesla’s loan was repaid in 2013.
Lordstown Motors was considering a $200 million loan from the same program – the Advanced Technology Vehicles Manufacturing Loan Program (ATVM) – to develop an all-electric delivery vehicle and pickup.
Lordstown Motors Stories November 21, 2019
Lordstown Motors, the company who is acquiring GM’s Lordstown factory, claims it is going to beat Tesla to market with an all-electric pickup.
They opened reservations the same day Tesla is unveiling its own pickup truck and they unveiled images as well. expand full story