After an executive shake-up and conflicting statements about prospects for its electric pickup truck, the start-up is inviting investors to pay a visit.
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.
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.
Will the battery hold out crossing a 10,666-foot pass? Where is the next charging station? Overcoming ‘range anxiety’ on Colorado’s highest mountains.
Lordstown said last week that it needed to raise more money and might not survive. Now, the company’s new executive chairwoman has said “It’s a new day at Lordstown Motors.”
The company’s top executive resigned after the struggling automaker released an investigation by its board.
Analysts credit the new chief executive, Jim Farley, with energizing the automaker, which still faces challenges.
Analysts credit the new chief executive, Jim Farley, with energizing the automaker, which still faces challenges.
Lordstown Motors, which bought a shuttered General Motors factory in Ohio, warned that it needs to raise more money and might not survive.
To slow global warming, we need to electrify vast parts of our economy and power it with clean energy.