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Momentum Fleet Management orders 900 Lordstown Endurance electric pickup trucks

Lordstown Motors aims to transform its Northeast Ohio home into Voltage Valley, a center of modern EV manufacturing. Now the company has secured an order for 900 Endurance electric pickup trucks from Ohio-based fleet management specialist Momentum Groups. Momentum specializes in corporate vehicles, from ordering to disposal, including purchase or lease financing options, fuel cards,… Read more »

Lordstown announces exclusive licensing agreement with Elaphe for in-wheel hub motors

Lordstown Motors has announced an exclusive licensing agreement with Elaphe Propulsion Technologies. Elaphe will develop the in-wheel motor that will be used in Lordstown’s upcoming Endurance pickup truck—the motors will be built by Lordstown employees at the company’s Ohio headquarters. Initial setup of the 20,000-square-foot production line has already begun. Lordstown will begin using the… Read more »

Retooling a shuttered factory to build electric trucks: Q&A with Lordstown Motors CEO Steve Burns

Will Ohio’s Voltage Valley energize a new era for the US auto industry? Big things are happening in the Mahoning Valley area of northeastern Ohio. The region, which centers on the city of Youngstown, was a booming center of steel production until the 1970s. Since then, like many other industrial hubs, the area has suffered… Read more »

Ohio utility orders 250 Lordstown Endurance electric pickups

The latest electrification news from what some are calling Northeast Ohio’s Voltage Valley: Akron, Ohio-based FirstEnergy, an electric utility that serves over 6 million customers, has agreed to buy 250 Endurance electric pickup trucks from Lordstown Motors. Lordstown is aiming its Endurance pickup truck squarely at the fleet market. The onboard power export feature enables… Read more »

Lordstown electric pickup to use in-wheel motors. A good idea?

Lordstown Motors, the startup headed by Workhorse CEO Steve Burns, is building an electric pickup called the Endurance at a former GM factory in Lordstown, Ohio. The Endurance is expected to be available in the fourth quarter of 2020 at a base price of $52,500. The new e-pickup will feature in-wheel hub electric motors, according… Read more »

GM and LG Chem to build battery cell plant in Lordstown, Ohio

General Motors and LG Chem have announced plans to establish a battery cell assembly plant on a greenfield site in the Lordstown area of Northeast Ohio. The companies will invest up to $2.3 billion in the facility through a new joint venture. The new factory will eventually provide batteries for GM’s electric pickup truck, expected… Read more »

GM finalizes sale of Lordstown plant to Workhorse-affiliated EV builder

Well, what do you know! It appears the historic Lordstown deal is going to happen after all. Lordstown Motors (LMC) has formally announced its acquisition of the former GM manufacturing complex in Lordstown, Ohio. LMC, a spin-off of Workhorse Group (NASDAQ: WKHS), plans to begin production of an electric pickup at the Lordstown plant starting… Read more »

No, Workhorse hasn’t yet secured funding to buy GM’s Lordstown plant, but the deal is moving forward

For some time, Charged has followed the story of Workhorse Group, a Cincinnati-based company that has built a prototype electric pickup, has sold electric trucks to UPS and FedEx, and is in the running for a major contract to supply delivery trucks to the US Postal Service. Along with other observers of the EV scene,… Read more »

Is Workhorse’s deal to buy Lordstown plant from GM to build electric pickup too good to be true?

News travels by strange paths these days. The world first learned of a tentative deal for electric truck maker Workhorse to buy GM’s idled Lordstown, Ohio plant via a self-congratulatory tweet by the President of the US. If the deal goes through, it could be a win-win-win-win: Workhorse might receive a windfall like the one… Read more »

Rivian raises $2.5 billion in new funding

Investors are pouring money into EV companies—as shares in Tesla, Nio and newly public Nikola soar, Rivian, which has attracted loads of media attention for its planned electric pickup and SUV, has raised $2.5 billion in new funding in a round led by T. Rowe Price. The company has raised about $6 billion in funding… Read more »