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.
Buying an electric car can be exciting and bewildering. Consider what kind of car you want and need and where you will charge.
Test-driving Volkswagen’s ID.4, Ford’s Mustang Mach-E and Volvo’s XC40 Recharge: The green turf where Tesla has dominated for so long is poised to grow crowded.
The pandemic dampened sales for all automakers in the spring and summer, and Tesla’s plant in Fremont, Calif., was idled from late March until the middle of May.
Rivian, which has raised another $2.65 billion, plans to sell a pickup truck and S.U.V. it has worked on for more than a decade.
Traditional automakers have struggled to sell electric cars. That could change as Ford, Volkswagen and others introduce new models.
The Purosangue, whose details remain closely held, will be out next year. But the carmaker’s evolving lineup, too, points to a (slightly) more inclusive approach.
Carmakers say new models should also help lift the industry in 2021, after a 15 percent decline in its slowest year since it recovered from the Great Recession.
