The milestone comes just months after Foxconn inked an operating agreement with Lordstown to run the Ohio factory, formerly a General Motors assembly plant, providing the much needed cash to get the truck the last few steps into production while also establishing its own EV manufacturing footprint stateside. Lordstown began deliveries of its first EV, the Endurance pickup truck, in November.Through the end of February, it had built about 40 trucks and delivered six to customers. GM loaned Lordstown Motors US40 million in order to underwrite a substantial part of the plant purchase. Lordstown went public on the NASDAQ exchange in 2020. On November 7, 2019, Lordstown Motors became the owner of the former GM Lordstown plant, after signing a sales agreement with automaker General Motors in May 2019. Founded in 2018, Lordstown has faced a significant amount of hurdles in getting its first product, the Endurance electric truck, to market. The company said the pickups have achieved certification from the EPA and California Air Resources Board, opening the door to commercial sales, with the first of the initial batch of 500 trucks headed to customers. Lordstown Motors was founded in 2018 by Steve Burns, former CEO of Workhorse Group. The first examples of the Lordstown Endurance electric pickups left the factory today, after several years of delays, controversy, and finally a rescue by Taiwan's Hon Hai Technology Group, better known as Foxconn. The factory is now owned and operated by Taiwan's Foxconn, which plans to produce several EVs at the site in the coming years. In fact, it is below the average range of electric pickup trucks on the market today. The company plans to build an initial batch of 500 trucks through the first half of 2023, but will require additional capital to assemble more. The Lordstown Endurance EV range of about 200 miles seems underwhelming for a 109-kWh battery pack.On the road, the Endurance feels perfunctory by todays EV truck standards. In September 2020, Trump hosted the company for an event at the White House celebrating its Endurance, one of the. pickup truck endurance in lordstown, ohio, on. Were talking about the biggest names in automotive, from Ford and Chevrolet to Tesla and many others. The EV startup was only able to deliver three. Electric trucks are finally here, and more are on the way in 2022 and beyond. Lordstown Motors has delivered the first small batch of electric Endurance pickups this week, with plans to complete several dozen by the end of the year. Lordstown Motors was repeatedly touted by the Trump administration as a success. Electric pickup truck maker Lordstown Motors started deliveries in Q4 2022 amid some very rocky times.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |