Tag : Lordstown Motors

Lordstown selects LG Energy as battery cell supplier

Lordstown selects LG Energy as battery cell supplier

Lordstown Motors plans to start production of its all-electric Endurance pickup truck this September, and with that in mind, it has signed a multi-year contract with LG Energy Solution to supply battery cells.

Hindenburg Research attackiert Lordstown Motors

Hindenburg Research attackiert Lordstown Motors

Short-seller Hindenburg Research has now taken aim at the next up-and-coming electric car maker after Nikola Motor and Kandi: this time it's startup Lordstown Motors, which is being hit with serious allegations.

Lordstown Motors reports higher capital requirements

Lordstown Motors reports higher capital requirements

Lordstown Motors plans to start production of its all-electric Endurance pickup truck in September, but now Lordstown CEO Steve Burns has announced that the company needs additional capital, and without it, it can only produce half the number of units it originally targeted.

Lordstown Motors questions own future

Lordstown Motors questions own future

Electric car startup Lordstown Motors has officially warned of going-concern risks for the company in a filing with the U.S. Securities and Exchange Commission. CEO Steve Burns had already made public a need for more capital a few weeks ago, and the planned start of production in the fall appears to be in jeopardy.

Lordstown is considering more manufacturers at its plant

Lordstown is considering more manufacturers at its plant

Financially troubled electric car startup Lordstown Motors has a new idea to bring in fresh capital: the company could share its manufacturing facility with other automakers.

Lordstown Motors appoints new CEO

Lordstown Motors appoints new CEO

Financially troubled electric car startup Lordstown Motors has named a new CEO, Daniel Ninivaggi, following the resignations of Steve Burns as CEO and Julio Rodriguez as chief financial officer.