Lordstown Updates Production, Financials After Tough 2021
The maker of an all-electric commercial pickup truck now plans to start production later this year as it aligns and draws on capital funding sources.
February 28, 2022
The maker of an all-electric commercial pickup truck now plans to start production later this year as it aligns and draws on capital funding sources.
February 28, 2022
The departures follow financial and production challenges in a more competitive and growing market for electric pickup trucks.
June 14, 2021
A day after filing an amended 10-K that casts doubt on the electric-truck maker’s survival into 2022, the company said it has “multiple avenues to raise capital."
June 9, 2021
The release of the beta models, two of 57 to be produced, comes at a critical juncture for the upstart electric automaker.
April 1, 2021
Among other business updates, the company announced it has started its outreach to state and local government entities, including the U.S. military, to sell the Lordstown Endurance all-electric pickup.
January 28, 2021
The Bobit fleet team got a chance to climb through a test version of the all-electric pickup at Lordstown Motors’ new facility in Irvine, Calif.
January 19, 2021
Merchants Fleet has launched an innovative new vehicle electrification initiative, Electrify Fleet, which seeks to deploy new EVs in the commercial market, including through the introduction of the Lordstown Endurance all-electric commercial pickup truck for its clients.
January 13, 2021
A new partnership leverages Camping World's 170 service and collision centers across the U.S. to service the Lordstown Endurance electric pickup.
December 16, 2020
Full production will ramp up in 2022. The company is set to open a service center in Irvine, Calif. and a satellite research and development center in Farmington Hills, Mich.
November 16, 2020
Lordstown will list on NASDAQ through a merger with DiamondPeak Holdings Corp. The EV maker has received more than 27,000 pre-orders for its Endurance electric pickup, primarily from commercial fleet customers.
August 4, 2020
Reminiscent of the classic Americana commercial spots the Detroit 3 have used for its pickups, the Lordstown Motors video shows the electric Endurance pickup performing work duties “in the wild.”
July 30, 2020
While the Endurance launch event offered more big-picture proclamations than actual truck specs, Lordstown CEO Steve Burns pointed out one reason why an all-electric pickup will be so tantalizing for fleets.
June 26, 2020
Lordstown Motor Corp.’s CEO Steve Burns said preorders from commercial and fleet customers for the all-electric Endurance pickup exceed the company’s production capacity of 20,000 units for 2021.
June 25, 2020
According to a letter of intent, ServPro will be among the first commercial fleet customers to take delivery of the Endurance pickup when full scale production begins in early 2021.
June 18, 2020
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