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ROSEN, NATIONAL TRIAL COUNSEL, Encourages Lordstown Motors Corp f/k/a DiamondPeak Holdings Corp Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – RIDE, DPHC

ROSEN, NATIONAL TRIAL COUNSEL, Encourages Lordstown Motors Corp f/k/a DiamondPeak Holdings Corp Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – RIDE, DPHC
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RIDE EQUITY ALERT: Kessler Topaz Meltzer & Check, LLP Announces that a Securities Fraud Class Action Lawsuit with Expanded Class Period was Filed on Behalf of Investors of Lordstown Motors Corp

                         Adrienne Bell, Esq. (484) 270-1435                          Toll free (844) 887-9500 Lordstown is an automotive company founded for the purpose of developing and manufacturing light duty electric trucks targeted for sale to fleet customers. Lordstown s purported flagship vehicle is the Endurance, an electric full-size pickup truck. DiamondPeak was structured as a special purpose acquisition company. The complaint alleges that, throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) Lordstown s purported pre-orders were non-binding; (2) many of the would-be customers who made these purported pre-orders lacked the means to make such purchases and/or would not have credible demand for the Endurance; (3) Lordstown is not and has not been on track to commence production of the Endurance in September 2021; (4) the first test run of the Endurance l

BRITE receives $500K in federal relief money | News, Sports, Jobs

rselak@tribtoday.com WARREN A federal investment of $571,355 in BRITE Energy Innovators will enable the technology and energy storage startup incubator to expand its network outside of Ohio and acquire lab equipment to serve the growing e-mobility sector. The funding award announced Thursday will allow the organization the only startup accelerator of its kind in Ohio to add staff, including an expert in battery technology, said Sara Daugherty, director of partnerships for BRITE. Announced by the U.S. Economic Development Administration, the funds, matched by $155,699 in local dollars, are expected to create 200 jobs, retain 150 jobs and generate $100 million in private investment over the next 36 months.

GM to Make Electric Version of Chevy Silverado Pickup

GM to Make Electric Version of Chevy Silverado Pickup Auto maker expects the new truck to offer a single-charge range of more than 400 miles published : 8 Apr 2021 at 04:00 General Motors Co. plans to roll out an electric version of its Chevy Silverado pickup truck, the latest in its efforts to convert its global lineup to electric vehicles. The nation s largest auto maker by sales has set a target date of 2035 for phasing out gasoline- and diesel-powered vehicles from its showrooms globally. GM plans to deliver more than one million electric vehicles across the world by 2025, the company has said. The full-size Chevy Silverado pickup will be designed from the ground up as an electric vehicle, the company said Tuesday.

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