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Monday, 03/13/2023 10:02:35 PM

Monday, March 13, 2023 10:02:35 PM

Post# of 8533
What’s up with the other 34 trucks built?

Lordstown Motors said Monday that despite delivery delays and larger losses than expected in Q4, it has about $220M in cash and ain't scared. Since the EV start-up went public, supply costs and challenges have made even well-established OEMs change their footing.

“Lordstown is now looking at a contract with Foxconn on a new EV program while working to resolve issues with its Endurance pickup truck. To date, the brand has built around 40 trucks and delivered 6. “

https://www.asotu.com/article/lordstown-has-cash-and-a-plan-volvos-electric-cement-and-honda-marching-to-its-own-drum
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