The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
The company’s Lexus brand will only sell electric cars by 2030 in China, Europe and the United States.
Los nuevos automóviles están equipados con alta tecnología, pero no tienen estilo ni personalidad. ¿Qué pasó con la innovación?
New cars are packed with technology, but they lack style and personality.
The R1T can haul five tons, conquer brutal off-road trails and sprint to 60 miles an hour in a blink. And about that Camp Kitchen tucked inside …
The company, backed by Amazon and Ford, was valued at nearly $70 billion in its initial public offering, though it has delivered only 156 vehicles.
Amid a shortage of new cars, many buyers have been forced to kick the tires of overlooked models and brands.
G.M. hopes to develop ride-hailing services that use autonomous cars, create insurance products and expand its defense contracting work.
The company, which is backed by Amazon and Ford, is seeking to sell shares in one of the biggest initial public offerings of the year.
The deal could result in the sale of the struggling automaker’s Ohio factory to Foxconn. Lordstown is under federal investigation and needs more cash to mass-produce an electric pickup truck.