This week, we chase storm clouds gathering for electric pickup trucks not wearing a Ford blue oval, speculate on who a big customer at Plus might be and .
Truck Talk: Electrical storm edition
Storm clouds for electric pickups not badged Ford and a Plus-sized mystery customer
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This week, we chase storm clouds gathering for electric pickup trucks not wearing a Ford blue oval, speculate on who a big customer at Plus might be and review how Daimler Truck is setting the stage for its independence.
Storm clouds for electric pickups
Now that Ford Motor Co.(NYSE: F) has revealed the F150 Lightning electric truck, it is or should be panic time for startups eyeing the battery-powered commercial pickup segment.
At the top of the list, with arguably the most to lose, is Lordstown Motors Corp. (NASDAQ: RIDE). The de-SPACed startup plans to start building Class 1 electric pickups at a former General Motors plant late this fall.
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When a stock is in an extended decline and attempts to rally, it doesn t take much to derail the move higher. A great example of this is the price action in
Lordstown Motors Corp. (NASDAQ: RIDE) shares are trading lower after analysts at Wolfe Research downgraded their recommendation on the stock from Peer .