Lordstown: Active Conversations to Raise Capital to Continue Operations
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
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
You could say the all-new Maverick’s hybrid engine, unibody frame, and 4.5-foot bed make it a niche truck. But in the post-pandemic era of efficiencies and economics, fleets must apply a Swiss Army knife-like approach to job applications.
June 8, 2021
How efficient is an all-electric Class 6 delivery truck in its regular duty cycle with payloads up to 11,000 lbs.? Weight is less of an EV range inhibitor than you’d think.
March 29, 2021
Our test of the new F-150 PowerBoost netted an extraordinary 19.2 average mpg with a 1,732-lb. payload and 25.1 mpg without. Adding PowerBoost’s 12,700 lbs. of max towing, is it blasphemy to finally turn our backs on diesel for true work applications?
January 4, 2021
The infusion of $350 million will accelerate development of fully electric options and a move into Classes 7 and 8.
September 27, 2020
The order requires all new passenger vehicles to be zero-emission in 15 years, though it would not prevent Californians from owning gasoline-powered cars or selling them on the used car market.
September 23, 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
“Everyone comes into fleet electrification talking about hardware, and they leave talking about software workflow and project management,” says Michael Hughes of ChargePoint.
June 9, 2020
An up-close dose of Tesla’s Cybertruck from last night’s reveal in Hawthorne, Calif. answers some initial questions on whether it can function in a traditional fleet capacity.
November 22, 2019
Eric Foellmer says XL's plan is to continue supplementing the electrification strategy of the OEMs, which includes its present hybrid and plug-in hybrid systems and eventually an all-electric system.
August 5, 2019
To understand those challenges firsthand, LeasePlan’s global employee fleet intends to go fully electric by 2021.
September 12, 2018
As consumers and automakers continue to migrate away from sedans toward crossovers, there are no clear winners when analyzing total cost of ownership of individual models.
November 27, 2017
For fleets, technology is enabling a more efficient way to use vehicles, increase utilization, and more precisely match the type of vehicle to usage.
October 19, 2017
Stealing a delivery van to use as a getaway vehicle is stupid — unless the authorities are chasing the other five identical Nissan NV 2500 vans with identical branding.
July 11, 2017
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