Lordstown Says it Has No ‘Binding’ Orders
The start-up gained attention by purchasing a shuttered General Motors factory in Ohio in 2019. At the time, G.M. was under pressure from President Trump to find a buyer for the plant.
G.M. to Boost Electric Vehicle Spending, Build Battery Plants
General Motors’ push to increase E.V. spending follows an announcement by Ford that it would start making an electric version of its F-150 pickup truck this year.
Lordstown Motors’ Top Executives Resign After Board Investigation
The company’s top executive resigned after the struggling automaker released an investigation by its board.
Ford Motor Shows Signs of Revival Under Jim Farley
Analysts credit the new chief executive, Jim Farley, with energizing the automaker, which still faces challenges.
Ford Motor Shows Signs of Revival Under Jim Farley
Analysts credit the new chief executive, Jim Farley, with energizing the automaker, which still faces challenges.
Lordstown Motors Warns it Can’t Start Production
Lordstown Motors, which bought a shuttered General Motors factory in Ohio, warned that it needs to raise more money and might not survive.
Ford to Boost Spending on E.V.s to $30 Billion
Ford has gone from being a relative latecomer to battery-powered vehicles to making them a central focus. Last week it introduced the F-150 Lightning, an electric truck.
Ford F-150 Lighting is a Major New E.V. Contender
If it sells well, an electric version of the best-selling vehicle in the U.S. could help accelerate the move to electric vehicles.
Electric Pickups Could Make or Break Biden’s Infrastructure Plans
The transition to an electric-car future will be an uphill battle, with the president and Republicans in Congress at odds over his $4 trillion economic agenda.
Lordstown Motors Shares Plunge as Investors See Problems
Lordstown Motors said it would start producing and selling electric pickup trucks this year, but there is little evidence it is ready to do so. Its stock has tumbled from a high of about $30 last year to around $8.