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Search Results Found For: "Lordstown "

Lordstown announces battery supplier for Endurance pickup, plans to produce electric van in 2022

Lordstown Motors has released an update on its business plans that includes several bits of news. The Ohio-based EV builder confirmed that it has signed a multi-year battery supply agreement with LG Chem for the Endurance. The upcoming electric pickup will use 2170 cylindrical cells like the ones used in Tesla’s Model 3 and Model… Read more »

Lordstown Motors claims 50,000 pre-orders for electric pickup, opens two new facilities

Lordstown Motors says it has logged 50,000 preorders for its Endurance electric pickup truck. The company, which is concentrating on fleet customers, said the average order size is 500 vehicles. The 50,000 figure “does not capture interest the company has received from organizations that are not in position to be able to place pre-orders, such… Read more »

Lordstown finalizes SPAC deal, starts trading on NASDAQ

Lordstown Motors has completed its business combination with DiamondPeak Holdings, a special purpose acquisition company (SPAC). For those of you who haven’t been following the EV “stock market frenzy,” a merger with a SPAC is the currently fashionable way for a startup company to go public—it’s quicker and involves less paperwork than the traditional IPO…. Read more »

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 »