LORDSTOWN Lordstown Motors Corp. is targeting March to complete prototypes of its Endurance pickup and remains on track to launch full production of the bat
rselak@tribtoday.com
LORDSTOWN Lordstown Motors Corp. is targeting March to complete prototypes of its Endurance pickup and remains on track to launch full production of the battery-powered truck in September, the company announced.
The upstart electric vehicle maker also announced Thursday it is developing an electric van with plans to reveal it in June. Production is targeted for late 2022.
Already, the company has begun metal stamping and welding for the 57 beta prototypes that will be used for crash, engineering and validation testing and customer feedback.
“We are hard at work in the factory preparing to begin beta builds in the coming weeks,” company founder / CEO Steven Burns said. “With this step on the horizon, we remain on track to meet our September start of production timeline … .”
New electric truck maker to finish first prototypes in March
LORDSTOWN, Ohio (AP) A fledgling electric vehicle maker in Ohio expects to complete the prototypes of its new pickup truck in March and remains on target to start full production in the fall, the company said Thursday.
Lordstown Motors Corp. said it already has begun metal stamping and welding for the Endurance All-Electric Pickup Truck prototypes, which will be used for testing.
Full production of the Endurance pickups is slated to begin in September at the former General Motors assembly plant near Youngstown, which Lordstown Motors bought in 2019.
The company took over the plant after GM ended its more than 50 years of car manufacturing at the plant. The automaker employed 4,500 workers there just a few years ago.
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The incoming Biden administration is planning to pump $2 trillion into renewable energy infrastructure and EVs play a big role in a greener future. Shares of the largest EVs are still going up even after epic gains in 2020.
Nio Inc s (NYSE: NIO) stock rose about 6 percent on Friday and it is now the world s fifth most valuable carmaker with market value of approximately $100 billion. Moreover, three of the top five most valuable automakers are EV makers, namely
Tesla Inc (NASDAQ: TSLA),
BYD (OTC: BYDDF) and NIO Limited.
Tesla has gained over 700% in a year, while Chinese Nio has soared over 1,300%. Larger EV firms are going up,
New electric truck maker to finish first prototypes in March
Associated Press
Lordstown, Ohio – A fledgling electric vehicle maker in Ohio expects to complete the prototypes of its new pickup truck in March and remains on target to start full production in the fall, the company said Thursday.
Lordstown Motors Corp. said it already has begun metal stamping and welding for the Endurance All-Electric Pickup Truck prototypes, which will be used for testing.
Full production of the Endurance pickups is slated to begin in September at the former General Motors assembly plant near Youngstown, which Lordstown Motors bought in 2019.
The company took over the plant after GM ended its more than 50 years of car manufacturing at the plant. The automaker employed 4,500 workers there just a few years ago.