This electric pickup is going over the auction block to the highest bidder but it comes with big caveats
Steve Burns claimed Lordstown had received 100,000 preorders from commercial fleets for the electric Endurance truck – which was not the case
The electric truck maker has confirmed that it engaged in confidential settlement discussions with the SEC but has not yet reached an agreement
EVs have come a long way in the past decade, but plenty still struggle to top 200 miles on a single charge
Steve Burns left Lordstown Motors after inflating order numbers in 2021 but has just purchased its remaining assets
Karma Automotive sued Lordstown claiming it poached employees and stole technology used in its infotainment systems
Karma Automotive has accused Lordstown of poaching key employees and stealing trade secrets
Focxonn is arguing that it’s still entitled to buy the same number of Lordstown shares, at the same price following 15-to-1 stock split, which would give it more than 60% of the American startup
Lordstown claims Foxconn used its contracts to destroy its business and leverage its resources
The Lordstown Endurance EV has 174 miles of range, which is far less than earlier estimates of more than 250 miles
The fire that destroyed a Lordstown Endurance over the weekend involved vehicles that had already been wrecked in crash testing
Lordstown Motors wants to keep its stock listed on the Nasdaq exchange, so it’s combining shares to make them more valuable
Foxconn previously said it would invest as much as $170 million in Lordstown Motors
U.S. electric car startups are burning through cash in the face of waning demand
The battle with Foxconn could push Lordstown to end production of the Endurance as the company fights to survive
A software update could lead the instrument screen in five Lordstown Endurances, preventing drivers from seeing their speedometer
Foxconn is claiming Lordstown breached the investment agreement and this could doom their deal
The automaker also announced a new service and warranty partnership
