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Lordstown Motors confirms DOJ, SEC probes into SPAC merger

Lordstown Motors confirms DOJ, SEC probes into SPAC merger
complianceweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from complianceweek.com Daily Mail and Mail on Sunday newspapers.

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Lordstown Motors Faces Investigation by the Justice Department Following SEC Probe

Lordstown Motors, an electric vehicle (EV) startup company, is being investigated by the Justice Department.
According to The Wall Street Journal, the investigation is currently in its early stages and is under the U.S. attorney s office in Manhattan. The report also states that the spokesperson from Lordstown Motors stated that the company is committed to cooperating with any investigations and inquiries.
Lordstown Motors Probed by Justice Department: What You Should Know
(Photo : Lordstown Motors via Twitter)
Lordstown Motors is being investigated due to claims that the company exaggerated potential sales of its electric Endurance pickup truck, according to Bloomberg, citing a person familiar with the ongoing probe. ....

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The Electric Chevrolet Silverado: What We Know So Far

The Electric Chevrolet Silverado: What We Know So Far
Photo: Chevrolet
GM made history when it announced its upcoming electric Chevrolet Silverado. Although we still have plenty of questions about the recently announced addition to the Chevy lineup, here’s a look at what we know so far.
Commercial and consumer solutions
The new electric Silverado is Chevrolet’s first full-size battery-powered pickup truck. The automaker plans to deliver both retail and fleet-oriented versions of the model.
Impressive range
If GM’s plans pan out, you won’t be spending a lot of time waiting for your electric Silverado to recharge. The full-size truck is expected to deliver over 400 miles of zero-emissions driving when fully charged. ....

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Mystery photograph: Can you help? | News, Sports, Jobs

Eric Templeton of Howland found this photograph while going through a box of old family photos. He said the boy in the front row, second from right, is his father, Darl Templeton of Newton Falls, and estimates that the photo was taken about 1942. He is seeking information on what the event was.
Eric Templeton found the crinkled, black-and-white picture of kids with guitars while going through a box of family photographs. He recognized the boy in the front row as his father.
But names of the other players and the circumstances of the photo remain a mystery.
Templeton is asking Tribune Chronicle and The Vindicator readers to help him learn more about this aspect of his late father’s life. ....

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Lordstown Teases Building Of Beta Endurance Electric Truck

Lordstown Teases Building Of Beta Endurance Electric Truck
Feb 23, 2021 at 5:59pm ET
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The robots come to life again, after a few years of sleep.
Lordstown Motors has just released a new video teasing the manufacturing process of the Beta prototype of the Endurance pickup.
What we see here are robots welding the very first Endurance Beta in the former GM Lordstown Complex in Voltage Valley in Lordstown, near Youngstown, Ohio:
Beta assembly is under way in Lordstown, OH. Watch as over 400 pieces of metal come together to form the very first Endurance Beta body.
In the latest interview, Lordstown Motors Corp. CEO and Founder Steve Burns said that the Lordstown Endurance Beta is basically 97% the final product. In other words, at this point only details might change: ....

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