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Saving Grace

02/07/24 12:45 PM

#7661 RE: Saving Grace #7660

On the tech front, Lordstown boasts about its integration of advanced software systems to aid drivers with navigation, battery management, and also provide diagnostics to ensure that every element of the truck operates at peak efficiency. Safety hasn’t been overlooked either; with features expected to include collision avoidance technology and automatic emergency braking.

An Eye on Sustainability

Lordstown Motors isn’t only focusing on revolutionizing transportation through electrification but also pays close attention to sustainability throughout their manufacturing process. They’ve promised responsible sourcing of materials and aim for ethical labor practices across their supply chain, tapping into renewably sourced energy where possible within their operations.

Driving Towards The Future

As we step out of Lordstown Motors’ hub of innovation, it’s clear that they’re not just manufacturing another vehicle; they’re fostering a movement towards a cleaner form of rugged capability. The world is eager to see how the Endurance pickup will fare once it rolls out onto roads and into the daily grind. If successful, Lordstown Motors won’t just be contributing to advancing EV technology; they’ll be powering livelihoods forward with clean energy across America’s heartland.

https://www.thetechedvocate.org/step-inside-lordstown-motors-and-see-the-endurance-pickup/



It's just the beginning for Lordstown Motors...
Bullish
Bullish
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JoshTaeger

02/07/24 1:53 PM

#7664 RE: Saving Grace #7660

The US Bankruptcy Court filings clearly show that RIDEQ has filed to relinquish its leases on the Lordstown plant. That means that in addition to selling all its non-cash assets, RIDEQ has no leased manufacturing space at Lordstown, and certainly no owned manufacturing Turing space at Lordstown.

The remaining staff of RIDEQ, which numbers no more than NINE individuals, remain on RIDEQ’s payroll because they are getting paid and receiving benefits via the bankruptcy court.

Stop lying.
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Garyedward71

02/08/24 1:30 AM

#7669 RE: Saving Grace #7660

Here's another way to look at this. Let's say Ride wins pretty big and gets a huge settlement $1billion. Now all of RIDEQ becomes basically another SPAC being set up for no other than Burns. With his new deal all of the proceeds will be earmarked for his new project. This whole $10million purchase was all a sham. Rideq will end up paying Burns $50milliin plus to get their IP back. To even be a viable company they would need do this. We invested in this company to be part of the launch of the world's first EV pickup truck. They don't do that now, why are you still so hyped about this stock?