Lordstown Motors Goes Asset Light, Develops Skateboard Trucks – Autoline This Week 2614

Autoline provides daily global automotive news. Top auto executive interviews. Automotive insight & analysis. EV, AV & ICE technology, car sales & financial earnings, new car reviews.

SUPPORT AUTOLINE: https://bit.ly/2RivItZ

Lordstown Motors changed its business plan. Instead of building electric trucks, it’s going to have Foxconn build them for it—in the plant that Lordstown used to own. It raised the money it needs to launch its truck by selling the plant to Lordstown. That truck, called the Endurance, will start production in Q3, 2022. But Lordstown is already working on other commercial models that will use a skateboard chassis. Edward T. Hightower, the President of Lordstown Motors, explains the new direction the company is going in.

PANEL: Edward T. Hightower, President, Lordstown Motors; John McElroy, Autoline.tv

INSTAGRAM: https://www.instagram.com/autolinenetwork
TWITTER: https://twitter.com/Autoline
FACEBOOK: https://www.facebook.com/autolinenetwork
WEBSITE: http://www.autoline.tv

Leave a Reply

Your email address will not be published. Required fields are marked *