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.
A swath of recommendations calls for more investments, new supply chains and less reliance on other countries for crucial goods.
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.
President Biden and Democrats are facing difficult decisions about how to move their infrastructure plan through Congress as bipartisan momentum flags.
Electric cars get all the attention, but truckmakers are also under pressure to shift from fossil fuels to electricity.
Thanks to more trails, better bikes and a rise of high-school interest, mountain biking has experienced a meteoric rise of popularity in the past decade. The pandemic added fuel to the fire.
If it sells well, an electric version of the best-selling vehicle in the U.S. could help accelerate the move to electric vehicles.
Pedal-assisted electric bikes provided a faster and more “fun” commute while raising breathing and heart rates enough to contribute to fitness.
Pedal-assisted electric bikes provided a faster and more “fun” commute while raising breathing and heart rates enough to contribute to fitness.
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.
Transitioning to electric vehicles is a key part of Biden’s $4 trillion economic agenda, and Ford’s rollout of an electric version of America’s most popular vehicle is an important milestone.
New York City's sanitation department unveiled a fully electric street sweeper last week.
Param Sharma, 25, was arrested on charges of reckless driving. “I’m about to go in the back seat right now,” he said after being released from jail.
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.
A plan aimed at the nation’s largest cluster of warehouses is designed to spur electrification of pollution-spewing diesel trucks and could set a template for restrictions elsewhere.
