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Industry Outlook Bankrupt Lordstown Motors Founder Buys Remaining Company Assets

Bankrupt Lordstown Motors Founder Buys Remaining Company Assets

Will the ill-fabled Lordstown Endurance make a comeback?
By Andrew Lambrecht Oct 11 2023
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Industry Lordstown Motors Files For Bankruptcy, Sues Foxconn For “Bad Faith”

Lordstown Motors Files For Bankruptcy, Sues Foxconn For “Bad Faith”

The company is looking for a new owner that can take the Endurance electric pickup “to the next level.”
By Iulian Dnistran Jun 27 2023
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News Lordstown Founder And Ex-CEO Cashes Out Remaining Stake In EV Startup

Lordstown Founder And Ex-CEO Cashes Out Remaining Stake In EV Startup

Stephen Burns resigned as Lordstown CEO in June 2021.
By Ben O'Hare Jun 24 2023
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News Lordstown Motors Considering Suing Foxconn Over Funding Issues

Lordstown Motors Considering Suing Foxconn Over Funding Issues

The Ohio-based maker of the Endurance EV pickup says investor Foxconn has a “pattern of bad faith.”
By Iulian Dnistran Jun 14 2023
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Range / Efficiency 2023 Lordstown Endurance: EPA Range Rating Reveals Terrible Efficiency

2023 Lordstown Endurance: EPA Range Rating Reveals Terrible Efficiency

Only 48 MPGe? It falls far behind the least efficient Audi e-tron and other pickups.
By Mark Kane May 30 2023
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News Lordstown Motors Anticipates Endurance Production “Will Cease In The Near Future”

Lordstown Motors Anticipates Endurance Production “Will Cease In The Near Future”

A plethora of financial problems has brought the American EV startup close to bankruptcy.
By Iulian Dnistran May 5 2023
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Corporate / Financial Lordstown Warns Of Bankruptcy As Foxconn Threatens To Cut Funding

Lordstown Warns Of Bankruptcy As Foxconn Threatens To Cut Funding

The Taiwanese company notified the US EV startup their investment agreement could be terminated in as little as 30 days.
By Dan Mihalascu May 1 2023
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Manufacturing / Production Lordstown Resumes Production, Deliveries Of Endurance EV Pickup

Lordstown Resumes Production, Deliveries Of Endurance EV Pickup

The EV startup said output is "expected to continue at a very low pace," though.
By Dan Mihalascu Apr 19 2023
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Recalls Lordstown Recalls 5 Of The 31 Endurance Pickups It Ever Made

Lordstown Recalls 5 Of The 31 Endurance Pickups It Ever Made

The electric parking brake might fail because faulty washers were fitted to the calipers.
By Iulian Dnistran Mar 13 2023
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Industry Outlook Lordstown Making New EV Plans After Selling 3 Electric Trucks In 2022

Lordstown Making New EV Plans After Selling 3 Electric Trucks In 2022

As Foxconn continues to provide support, Lordstown says its next-gen platform is the key to its future success.
By Steven Loveday Mar 6 2023
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Manufacturing / Production Lordstown Pauses Production And Deliveries, Recalls 19 Endurance EVs

Lordstown Pauses Production And Deliveries, Recalls 19 Endurance EVs

Since production started in late September 2022, the EV startup only produced 31 Endurance electric pickups for sale.
By Dan Mihalascu Feb 24 2023
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Awards Electric Vehicles Dominate List Of 2023 NACTOY Finalists

Electric Vehicles Dominate List Of 2023 NACTOY Finalists

Six of the nine finalists are all-electric vehicles, with the SUV category being made up entirely of EVs.
By Dan Mihalascu Nov 18 2022
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Manufacturing / Production Lordstown Endurance Enters Production, Only Two Trucks Made So Far

Lordstown Endurance Enters Production, Only Two Trucks Made So Far

EV startup estimates it can deliver 50 trucks to customers in 2022, and 450 in the first half of 2023—if it can raise enough capital.
By Dan Mihalascu Sep 30 2022
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Manufacturing / Production Foxconn Completes Ohio Plant Purchase, Endurance EV May Be Delayed

Foxconn Completes Ohio Plant Purchase, Endurance EV May Be Delayed

Foxconn and Lordstown Motors also announced a $100 million investment into a joint venture to co-design and develop commercial EVs.
By Dan Mihalascu May 13 2022
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Corporate / Financial GM Dumped Lordstown Motors Stock In The Fourth Quarter Of 2021

GM Dumped Lordstown Motors Stock In The Fourth Quarter Of 2021

The automaker did not disclose the exact timing of the open market sale or how much money it made from it.
By Dan Mihalascu Mar 2 2022
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Manufacturing / Production Foxconn: Lordstown Electric Pickups To Start Shipping In H2 2022

Foxconn: Lordstown Electric Pickups To Start Shipping In H2 2022

The Lordstown Endurance is a long time coming, but with Foxconn now calling the shots at the Ohio plant, it may finally happen.
By Dan Mihalascu Jan 26 2022
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Corporate / Financial Lordstown Endurance Delayed Until Q3 2022, Plant Sold To Foxconn

Lordstown Endurance Delayed Until Q3 2022, Plant Sold To Foxconn

The company reports net losses of $95.8 million and starts building a fleet of 100 pre-production pickups.
By Mark Kane Nov 12 2021
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Manufacturing / Production Former GM Lordstown Complex Will Be Acquired By Foxconn

Former GM Lordstown Complex Will Be Acquired By Foxconn

The Taiwanese group has entered into a definitive agreement and strategic partnership with Lordstown Motors.
By Mark Kane Nov 11 2021
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Official Lordstown Motors Selling Ohio Plant To Foxconn For $230 Million

Lordstown Motors Selling Ohio Plant To Foxconn For $230 Million

A condition for the deal to go through is for Foxconn to build the Lordstown Endurance electric pickup at the factory.
By Dan Mihalascu Oct 1 2021
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Corporate / Financial Lordstown Motors Outlines Endurance Launch Roadmap

Lordstown Motors Outlines Endurance Launch Roadmap

The limited production will start next month, but... commercial deliveries are expected in Q2 2022.
By Mark Kane Aug 19 2021
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Sales Lordstown Motors Explains That It Has A Lot Of Real Orders Too

Lordstown Motors Explains That It Has A Lot Of Real Orders Too

The company's president said: "we have enough orders for production for '21 and '22."
By Mark Kane Jun 16 2021
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Official Lordstown Motors CEO And CFO Resign

Lordstown Motors CEO And CFO Resign

The company announced the results of the Special Committee Investigation of the Hindenburg Research Report.
By Mark Kane Jun 14 2021
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Corporate / Financial Lordstown Motors: We Require Additional Capital To Continue

Lordstown Motors: We Require Additional Capital To Continue

Which creates substantial doubt about its future.
By Mark Kane Jun 10 2021
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Corporate / Financial Lordstown Motors CEO Thinks F-150 Lightning Validates Endurance

Lordstown Motors CEO Thinks F-150 Lightning Validates Endurance

Why? Because it is a pickup truck.
By Gustavo Henrique Ruffo May 27 2021
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