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Lordstown Motors Still Viable, Company Executives Say Company President Rich Schmidt is confident Lordstown Motors can survive through the winter and into next spring, even though documents filed with the U.S. Securities and Exchange Commission indicated the company was in danger of running out of cash. Despite the abrupt resignations of two top officers and dire warnings about its financial condition, Lordstown Motors still plans to start production in September and has the resources to deliver between 15,000 and 20,000 finished units by May 2022, company executives say.  Lordstown Motors, a start-up company planning to build battery-electric pickup trucks at the old General Motors plant in Lordstown, OH, faces several challenges, company President Rich Schmidt acknowledges during a presentation to the Automotive Press Assn. in Detroit. 

United statesJulio rodriguezSteve burnsExchange commissionAutomotive press assnLordstown assemblyLordstown motorsGeneral motorsPresident rich schmidtAutomotive pressSchmidt lordstown motorsOhio turnpikeLordstown motorChevrolet silveradoNational highway traffic safetyஒன்றுபட்டது மாநிலங்களில்