Tag: Lordstown Motors
Lordstown Motors moves to exclude Foxconn from bankruptcy payout
Electric vehicle brand Lordstown Motors is seeking to preempt former business partner and Taiwanese tech manufacturer Foxconn from earning profits through the sale of...
Weekly roundup: UAW fight picks up steam, Lordstown settles with Karma...
Earlier this week: The United Auto Workers (UAW) announced they are poised to escalate their efforts in securing favorable contract terms from the Big...
Lordstown may face bankruptcy after Foxconn threatens to withdraw funding
Lordstown Motors could face bankruptcy after allegedly breaching its contract with Taiwanese technology manufacturer Foxconn.
According to Lordstown's filing with the Securities and Exchange Commission...
Lordstown Motors left with $220 million as it struggles with manufacturing
Lordstown Motors has revealed it has $220 million in cash as it looks to resume production after production was paused in February.
The company, founded...
Lordstown Motors finally delivers fabled electric pickup
Lordstown Motors has made 500 deliveries of the all-new Endurance, an electric pickup, and the automaker's first commercial product. The fledgling automaker sent the trucks...
Lordstown Motors starts production of Endurance electric pickup after delay
Lordstown Motors announced it has started commercial production on its highly anticipated Endurance EV pickup. The relatively new company received initial financial backing from...
Lordstown Motors announces first profitable quarter thanks to sale of assets
Yesterday, Lordstown Motors announced its first profitable quarter of $61.3 million, but not from selling electric vehicles. After selling some of its assets, including its Ohio...
Exclusive: New Lordstown Motors CEO Edward T. Hightower shares major plans...
Lordstown Motors has a new CEO and the announcement is making history. The electric vehicle startup appointed Edward T. Hightower into this role, making...
Lordstown Motors appoints Edward Hightower as its new CEO
Electric vehicle start-up Lordstown Motors has a new Chief Executive Officer. Former President Edward Hightower is taking over as CEO, while outgoing CEO Daniel...
Foxconn to build Fisker PEAR EV at Lordstown Motors plant
Shortly after Foxconn Technology Group (also known as Hon Hai Precision Industry Co.) finalized its purchase of Lordstown Motor Co.’s manufacturing facility in Ohio...