Lordstown Motors

Lordstown (RIDE) says that it received 50,000 pre-orders for its “Endurance” electric pickup truck.

The company has released a corporate update with a few interesting pieces of news.

Lordstown Motors has released a video of its Endurance electric pickup truck in a tug of war battle against a 2019 Ford F-150 Lariat EcoBoost.

Lordstown Motors (RIDE) has officially gone public through a reverse merger and now people are betting on the startup delivering an electric pickup truck with in-wheel hub motors.

It’s a technology that has never been implemented in a passenger electric vehicle for consumers before.

Lordstown has revealed the interior of its upcoming Endurance electric pickup truck set for deliveries next year.

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 has released a video of a working prototype of its electric pickup truck marketed as a vehicle for the “working man.”

Lordstown Motors has unveiled a working prototype of its Endurance pickup truck, which is equipped with 4 in-wheel motors.
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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.
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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.

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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.
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