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Tag: Lordstown Motors

Truth Social Inspires A Trip Down SPAC Memory Lane

As shares of former President Donald Trump’s Trump Media climbed to lofty heights this week following its completed merger with a shell company, the...

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Former Lordstown Motors CEO Continues Stock Sell-Off – businessjournaldaily.com

Completed #SPACs market cap/daily change (pre-market): $BRDS 2M $GOEV 2M $FFIE 2M $SOUN 1M $VORB 1M $BBAI 575K $IONQ 501K $NKLA 324K $LCID...

Ford Facing $3 Billion in Losses on EV Business for 2023

Well, this might not shock you, but Ford Motor Co. anticipates a $3 billion loss in its electric vehicle (EV) division this year, even...

Foxconn finds EVs are harder to build than iPhones

Over the past decade, Foxconn Technology Group has followed increasingly complex plans from Apple Inc. to turn silicon, glass, plastic, copper and other materials into hundreds of millions...

Lordstown Suspends Production, Recalls More Than Half of Trucks Produced

Lordstown Motors Corp. recalled 19 of its Endurance all-electric full-size pickup trucks that are either in use by customers or in use internally by the company. ...

Lordstown Endurance pickup truck production and deliveries halted

By Maria Merano Posted on February 23, 2023 ...

Musk Confirms Cybertruck Production Tracking for End of 2023

Tesla CEO Elon Musk revealed production for the long-awaited Cybertruck could begin “maybe sometime this summer.” Big numbers Tesla set new benchmarks for its...

The Dumbest Way to Invest in Self-Driving Cars

Late last year, Intel Corporation (INTC) tried to make itself relevant again… Or, at the very least, it tried to add a few...

First Impression: 2023 Lordstown Endurance

Cracking into the U.S. automotive market is no easy feat. Since the end of World War II there’ve been dozens that have tried, including...

VW Talking with Foxconn to Build Scout EVs at Lordstown

Taiwanese tech giant Foxconn, also known as Hon Hai Precision Industry Co., is moving into the automobile industry in a substantial way. The company acquired...

Lordstown reaffirms Endurance pickup production for Q3

By Joey Klender Posted on August 5, 2022 Lordstown Motors (NASDAQ: RIDE) reaffirmed its plans to start production of the Endurance all-electric pickup during...

Lordstown Motors and Foxconn finalize sale of manufacturing facility

By Joey Klender Posted on May 12, 2022 Lordstown Motors announced last night it has closed the sale of its manufacturing facility in Ohio...

Rivian Reveal Exposes Enormous Financial Woes (Video)

What happened at Rivian Automotive this month? The electric vehicle company’s US initial public offering (IPO) filing disclosed startling fiscal gaps: In the first...

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