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Lordstown Motors doesn't have enough cash on hand to produce its long-promised electric pickups. And this week it admitted it exaggerated its preorders, and its CEO and CFO stepped down.
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Two top executives at Lordstown Motors resigned Monday as problematic news about finances at the Trumbull county electric vehicle startup continues to trickle out.
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A financial filing by Lordstown Motors this week citing a lack of cash to start production of its pickup truck may not be the end for the electric startup, but it could make the company a takeover candidate, according to Ohio State University economic development professor Ned Hill.
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Lordstown Motors, the startup that bought an old GM factory to build an electric pickup, has been accused of deceiving investors. But the company says it's on track for production.
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An upstart electric vehicle maker says it now has more than 100,000 orders for its new pickup truck. Lordstown Motors Corp plans to begin production of the Endurance All-Electric Pickup Truck in September at its plant near Youngstown.
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Electric cars are gaining traction in the marketplace as Tesla builds a devoted following.But is America ready for an all-electric pickup truck?The…
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Vice President Mike Pence rode onto a Mahoning Valley stage Thursday as Lordstown Motors unveiled its all electric pickup truck, the Endurance. The…
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This article was updated on January 14, 2020.For a century, the Mahoning Valley has ebbed and flowed with the fortunes of traditional manufacturing. Now,…
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In November, GM sold its Lordstown assembly plant to a new company called Lordstown Motors Corp., which is closely tied to another start-up called…
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The company that bought Lordstown’s former General Motors plant is expected to be ready to start producing an electric pickup truck there within the next…