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The Latest Breaking News from Lordstown

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Tom’s Hardware

Foxconn Is Selling The Lordstown Factory That Was Supposed To Make EVs

The former General Motors facility built the ill-fated Lordstown Endurance electric pickup.

InsideEVs

Industrial Policy Is Alive and Well at the Democratic National Convention

Speakers at the 2024 convention bragged about the Democratic Party's willingness to give public money to private companies.

Reason

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In America’s ‘Voltage Valley’, hopes of car-making revival turn sour

EV manufacturer Lordstown Motors, lauded by Trump in 2020, has gone bankrupt – what now for the once-proud auto-making region?

The Guardian - US

UAW Report Exposes Unsafe Conditions And Low Wages At GM-LG Battery Plant

Ultium Cells Lordstown faces scrutiny over worker safety and pay disparities in electric vehicle production.

Zenger

Lordstown Motors To Be Delisted From Nasdaq After Firm Filed For Bankruptcy Protection‌

‌Trading of the company’s class A common stock will be suspended starting July 7.‌

Zenger

Lordstown Motors Files For Bankruptcy After Dispute With Foxconn

EV maker starts sale process for Endurance pickup truck and related assets

Zenger

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Ohio E.V. Manufacturer Fails Despite Millions in Taxpayer Subsidies

Lordstown Motors received $24.5 million to operate an Ohio factory. G.M., the factory's previous owner, received $60 million before shuttering it.

Reason

Electric truck maker lauded by Trump as saving Ohio town files for bankruptcy

Lordstown Motors puts itself up for sale after unresolved dispute over promised investment from Taiwan company

The Guardian - US

2023 Lordstown Endurance: EPA Range Rating Reveals Terrible Efficiency

The 2023 Lordstown Endurance is equipped with a 109-kWh battery, but it disappoints in terms of energy efficiency, which significantly affects the EPA range.

InsideEVs

Foxconn Finds EVs Are Harder to Build Than iPhones

The contractor’s dreams of building electric cars are running into the reality of recalls and fledgling partners in Lordstown.

Businessweek

Lordstown Endurance Electric Pickup Now Homologated And Certified For US Sales

The company says it has already built the first customer vehicles out of an initial batch of 500 units and they are now ready for delivery.

InsideEVs

1 EV Stock You Don't Want to Ride With

Shares of Lordstown Motors (RIDE) have declined more than 59% year-to-date on concerns over supply chain issues and rising raw material costs. While the company has finally started production, it is crawling and is far behind its 500-vehicle target by the end of this year. Given the rising competition within…

StockNews.com

Lordstown Motors, eBay And 2 Other Stocks Insiders Are Selling

The Nasdaq Composite jumped over 750 points on Thursday. Investors, meanwhile, focused on some notable insider trades.

Benzinga

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Tribune News Service

Auto review: The Lordstown Endurance marches to the beat of a different hub motor

ANN ARBOR, Mich. — Electric trucks these days are supercar wannabes. Go zero-60 mph in the GMC Hummer EV in three seconds! The Rivian R1T has neck-snapping torque! The Ford Lightning is quicker to 60 mph than a Ford Raptor! And so on.

Benzinga

Tesla's AI Day Announcements, Lordstown, Fisker On Track With Production Plans, Faraday Future Gets A Lifeline And More: Week's Biggest EV Stories

Electric vehicle stocks moved to the downside once again in the week that ended Sept. 30 as economic worries continue to roil the broader market. Lordstown Motors Corp. (NASDAQ: RIDE) and Workhorse Group, Inc.

InsideEVs

Lordstown Endurance Enters Production, Only Two Trucks Made So Far

Lordstown Motors has also confirmed the start of Endurance sales in Q4 2022, subject to full homologation testing and required certification.

The Independent UK

Why a shuttered auto plant in Ohio could doom Democrats from picking up a key Senate seat

One of 2022’s most important Senate races may have been decided on ‘Black Monday’, John Bowden reports from Youngstown, Ohio

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The Independent UK

Protester expelled from Trump’s Ohio rally after waving banner blaming him for factory closure

Former Lordstown worker says Trump pretended his defeat was a victory

InsideEVs

Foxconn To Build Monarch Electric Tractor At Ohio Plant From Q1 2023

The agreement with Monarch Tractor is Foxconn's first contract manufacturing deal after it finalized the plant acquisition from Lordstown Motors in May 2022.

USA Today Sports Media Group

Bengals QB Joe Burrow visits Lordstown Motors

Joe Burrow popped up recently in one of his many roles.

Benzinga

EV Week In Review: Elon Musk Shrugs Off China Shocker, Tesla India Plans On Backburner, Lordstown Gets Lifeline, Canoo Sinks On Going Concern Warning And More

The EV space was broadly lower in the week ending May 13, although closing off their lows. The industry took cues from the broader market, which went through a steep sell-off early in the week before recovering on Friday. Market leader Tesla, Inc.

Benzinga

Why Lordstown Motors (RIDE) Stock Is Up 22% Today

Lordstown Motors Corp's (NASDAQ: RIDE) stock is trading 21.8% higher at $1.84 in the premarket session on Thursday.

StockNews.com

3 Electric Vehicle Stocks Outperforming the Market in 2022

The EV industry is expected to deliver solid growth this year, supported by robust government funding and strong demand. With countries worldwide focusing on reducing their carbon footprints, the EV industry’s prospects look bright. So, let’s take a closer look at EV stocks Proterra (PTRA), Lordstown Motors (RIDE), and Kandi…

Tribune News Service

Henry Payne: DeLorean goes back to the future with planned electric vehicle

The electric vehicle revolution has brought a fleet of new brands into the market — Bollinger, Lordstown, Lucid, Rivian, Tesla.

People

Dipanjan BanchurSince

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