Lordstown Motors Running Out of Cash to Build EV Pickup

Despite momentum for the electric pickup truck market, Lordstown Motors said on Tuesday it may not have enough cash for production. In June 2020, Lordstown announced plans to build a pickup dubbed Endurance, which promised 250 miles of range at a starting price of $52,500. “The company believes that its current level of cash and cash… Continue reading Lordstown Motors Running Out of Cash to Build EV Pickup