LORDSTOWN A trio of Democratic lawmakers is urging President Joe Biden to halt a U.S. Postal Service truck contract to review whether inappropriate political influence was involved with its award.
The lawmakers also want to determine whether the contract is consistent with Biden’s call to electrify the federal government’s fleet of vehicles, made in an executive order soon into his presidency.
It was last week Postmaster Louis DeJoy announced Wisconsin-based Oshkosh Defense won the contract worth up to $6 billion, besting two other finalists in doing so, including Cincinnati-based Workhorse Group, a stakeholder in Lordstown Motors Corp.
U.S. Reps. Tim Ryan of Howland and Marcy Kaptur of Toledo, and U.S. Sen. Sherrod Brown, wrote Biden asking him to review the award that, according to a news release, “stands in stark contrast” with his executive order.
Billionaire Pham Nhat Vuong’s VinFast brand already sells petrol-engined cars in Vietnam Published: March 02, 2021 12:51 Bloomberg The VinFast President SUV. The brand, which already sells petrol-engined cars and SUVs in Vietnam, is hoping to establish itself as an electric car maker in the US market. Image Credit: Supplied
Vietnamese electric-vehicle startup VinFast plans to open a U.S. factory after setting up a 50-member San Francisco research office as it prepares for California automobile sales in 2022.
VinFast, founded by billionaire Pham Nhat Vuong, began delivering gasoline autos to Vietnamese consumers with BMW-licensed engines in 2019. Vuong, who is also chairman of parent company Vingroup JSC, said late that year he would back the company s U.S. ambitions with $2 billion of his own fortune.
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Workhorse Group (NASDAQ: WKHS) built just seven trucks in the fourth quarter as its underdeveloped production systems and supply chain issues continued to hold down the electric maker s progress even as orders have grown sevenfold compared with a year ago. We are facing various supply chain challenges, both internal and external, CEO Duane Hughes said on the company s Q4 earnings call Monday. Given our backlog, we cannot sacrifice future build volume for current-year production. Scaling up manufacturing properly has to take precedence.
So, Workhorse will continue to take it slow, striving to build three of its composite-body battery-electric trucks a day in March with a plan to reach 10 trucks a day by the end of June. The full-year goal of producing 1,800 trucks is a stretch, Hughes said.
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