Category: Lordstown Motors
Lordstown Motors accused of faking EV truck pre-orders by short-seller firm Hindenburg Research
Hindenburg Research, the short-seller firm whose report on Nikola Motor led to an SEC investigation and the resignation of its founder, is targeting another electric vehicle company. This time it’s Lordstown Motors, the Ohio electric automaker that went public after merging with special-purpose acquisition company DiamondPeak Holdings Corp., with a…
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Lordstown Motors’ electric race truck is (mostly) ready for off-roading
Lordstown Motors wants to prove its Endurance electric truck is ready for the wilderness through a familiar strategy: it's entering a prominent race. Autoblog reports that Lordstown has unveiled a race-ready version of its Endurance Beta truck th… Source
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With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business
One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal that would value the electric plane manufacturer at nearly $5.7 billion. News of a potential deal comes on the…
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