There’s more bad news for startup automaker Lordstown Motors. The troubled EV company has been through all manner of controversy over the last year, and unfortunately the story isn’t getting a happy ending. General Motors recently announced the sale of its <5% stake in the company, marking the exit of one of its largest and… Continue reading General Motors Sells its Shares of Lordstown Motors
April 22, 2024 at 12:09:51
April 18, 2024 at 17:08:29
April 18, 2024 at 15:56:20
April 18, 2024 at 10:58:16
April 18, 2024 at 10:00:31
April 16, 2024 at 12:14:30
Lordstown Motors, despite all the fanfare last year and a nice-looking prototype pickup truck, is in trouble. According to The Detroit Free Press, the automaker, which moved into General Motors’ Lordstown Assembly plant, lost $125 million in the first quarter of this year and will need outside investment to stay in business. The company’s… Continue reading Lordstown Motors Is In Trouble But General Motors Isn’t Dumping Its Stake In The Company
2021 will be, if current announcements are accurate, the year of the electric pickup as no less than seven are expected to hit the streets. This is what’s new since our last roundup. Read part 1 in this series – “Progress Report: Tesla Cybertruck, Rivian R1T, GMC HUMMER EV and Bollinger B2 Race To Hit… Continue reading The State Of The Electric Pickup In 2021 – Part 2
Hours before F-150 took the stage at Willow Run Airfield, down in Lordstown, Ohio, in a factory that once belonged to General Motors, EV startup Lordstown Motors unveiled a production version of its first model, the Endurance pickup. Lordstown planned to launch Endurance in January 2021, but the pandemic pushed that back “a few months,”… Continue reading Lordstown Motors Launches Electric Pickup Before GMC Hummer
2021 will be, if current announcements are accurate, “The year of the electric pickup.” A shocking number of electric trucks have already been announced. No less than seven different models are expected to start production and hit the streets. General Motors remains confident the GMC Hummer is on track for introduction this year and Ford… Continue reading Progress Report: Tesla Cybertruck, Rivian R1T, GMC HUMMER EV and Bollinger B2 Race To Hit The Street In 2021
