Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

BIZARRE: Lordstown motors - You Need To See This

Foxconn's Model C Is Coming To The U.S.—But It Won't Wear A Foxconn Badge

Foxconn—yes, the same company that builds the iPhone you might be reading this on—is gearing up to become a real player in the American EV market. And just like its gig with Apple, the company plans to build the product while letting someone else market and sell it.

InsideEVs

Nikola went from $30bn EV hope to bankrupt penny stock in just five years – what went wrong?

ANALYSIS: Hydrogen as well as battery-pack fuelled trucks were the big plan for Nikola but they got only 400 onto the road last year. Karl Matchett details the wrong turns taken

The Independent UK

Broken EV Dreams: Lordstown's Bankruptcy And $10M Investor Settlement

Lordstown Motors Corp (OTC:RIDEQ), now Nu Ride (OTC:NRDE), burst onto the scene in 2020 promising a revolutionary electric truck and raking in over $675 million from investors. The company aggressively marketed the Endurance, its first EV truck, as a competitor to established automakers, sending the stock soaring. However, this house…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

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

Nikola Stock 2025 Forecast: Will NKLA Go Bankrupt, or Become a Multibagger?

Nikola stock trades at a fraction of its 2020 highs, and has been in a freefall. Here's the 2025 forecast for the stock, and a look at whether the company risks going bankrupt, like so many other startup companies in the EV space.

Barchart

The Government Is Better at Picking Losers Than Winners

It's taxpayers who lose when politicians give gifts, grants, and loans to private companies.

Reason

As the Stock Hits New Lows, How Long Can Lucid Motors Survive?

With Lucid Motors stock falling to one new low after the other, many investors now wonder whether the company can stay in business. However, Lucid might not go bankrupt - at least, not for the next couple of years.

Barchart

Read news from The Economist, FT, and more,
with one subscription

Bankrupt Lordstown Motors Founder Buys Remaining Company Assets

In June 2023, Lordstown Motors filed for chapter 11 bankruptcy. However, it may see a second lease on life.

InsideEVs

Fisker Says Pear Manufacturing Deal With Foxconn Not Yet Finalized

Fisker is already taking pre-orders for the Pear, which is priced at $29,900 before incentives and tax rebates – $22,400 after the US federal tax credit.

InsideEVs

Nikola: Where is This Volatile EV Stock Headed?

Nikola stock has jumped five-fold from its 2023 lows amid short covering and some positive developments. Should you buy or sell the stock now?

Barchart

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

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

Stock Market Today: Dow Snaps Losing Streak on Strong Economic Data

The blue chip index notched its first win in seven sessions even as Walgreens Boots Alliance spiraled.

Kiplinger

Get all your
news in one place.

100's of premium titles.
One news app.

Reason

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.

The Guardian - US

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

InsideEVs

Lordstown Motors Files For Bankruptcy, Sues Foxconn For “Bad Faith”

Under the Chapter 11 restructuring process, the Ohio-based EV maker is looking to sell the Endurance vehicle and related assets.

InsideEVs

Lordstown Founder And Ex-CEO Cashes Out Remaining Stake In EV Startup

Lordstown founder and ex-CEO Stephen Burns has sold his remaining shares in the EV startup amidst its ongoing financial struggles.

Get all your
news in one place.

100's of premium titles.
One news app.

InsideEVs

Lordstown Motors Considering Suing Foxconn Over Funding Issues

Lordstown Motors, the EV startup that developed the Endurance all-electric pickup, plans to take legal action against investor Foxconn to ensure that the Taiwanese firm completes its planned purchase of nearly 10 percent of the EV maker’s shares.

InsideEVs

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

Lordstown Motors Anticipates Endurance Production “Will Cease In The Near Future”

With just 31 Endurance pickups assembled and ready for sale as of February 2023, and just six units delivered so far, the company is now anticipating a rapid fall.

Barchart

Here’s Why You Should Stay Away From Lordstown Motors (RIDE)

Once attracting intense interest for its commercial EV ambitions, the lights may go out on Lordstown Motors as RIDE stock crumbles badly.

InsideEVs

Lordstown Warns Of Bankruptcy As Foxconn Threatens To Cut Funding

Foxconn's decision was rushed by a Nasdaq warning to Lordstown that its stock may be delisted after falling below a minimum $1 per share for 30 straight days.

InsideEVs

Lordstown Resumes Production, Deliveries Of Endurance EV Pickup

Lordstown Motors had paused production in February 2023 to address supplier quality issues that caused a recall of 19 of a total of 31 units built at the time.

InsideEVs

Lordstown Recalls 5 Of The 31 Endurance Pickups It Ever Made

Lordstown says that the problem originates from its supplier, Akebono, which delivered certain rear electric park brake (EPB) calipers with thrust washers that haven’t been properly heat treated.

1 2

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.