Lordstown Motors Has Now Recalled More Pickups Than It Has Sold

Lordstown has had more than a bumpy road since Vice President Mike Pence took the stage at its coming out party in 2020. The company scaled back its grand plans for fleet EV domination, and as of early January, it had built just 31 trucks and sold six due to delays caused by supply chain shortages. Now, the company is recalling 19 of its Endurance pickup trucks for a potential electrical issue that could cause a loss of propulsion.

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Hindenburg Research Report Lambasts Lordstown Motors, Fabricated Orders

Hindenburg Research, the firm that outed Nikola for overselling its technology in last year’s scathing report, has selected a new target. The company in its crosshairs this time around is Lordstown Motors. While the investment research firm stopped short of saying the Ohio-based manufacturer committed fraud, it came extremely close. On Friday, Hindenburg alleged that Lordstown is stringing investors along, will be unable to adhere to its existing production targets, and fabricated sales to make the business appear more appetizing.

“Lordstown is an electric vehicle [special purpose acquisition company] with no revenue and no sellable product, which we believe has misled investors on both its demand and production capabilities,” reads the report. “The company has consistently pointed to its book of 100,000 pre-orders as proof of deep demand for its proposed EV truck. Our conversations with former employees, business partners and an extensive document review show that the company’s orders are largely fictitious and used as a prop to raise capital and confer legitimacy.”

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Endurance, by Lordstown: The Electric Pickup That's Not for Everyone

Rivian wants to dazzle you with excessive range and dirt-flinging tank turns. Ford wants you to feel virtuous while behind the wheel of an F-150. General Motors wants to crush things beneath the wheels of the monstrous GMC Hummer EV.

Lordstown Motors’s electric pickup, on the other hand, doesn’t want to be everyone’s best friend. The fledgling automaker, owner of GM’s former Chevy Cruze plant in Northeast Ohio, unveiled its first product Thursday, beating Ford and GM to an electric pickup debut.

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Lordstown Motors Aims for Late June Pickup Debut

It’s the smallest player in the nascent electric pickup segment, but it wants to be among the first — if not the first — to field such a product. That would be Lordstown Motors Corp., the fledgling automaker that took ownership of General Motors’ sprawling assembly plant in Lordstown, Ohio last November.

From that 6.2 million square foot facility, the company hopes to realize its dream of competing with Ford, GM, Rivian, and others with its Endurance pickup — a full-size EV powered by four in-wheel motors built on site. There’s not long to wait for a debut.

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Lordstown Motors Claims Late-June Pickup Reveal, Future SUV

A fledgling electric vehicle company with a sprawling former General Motors plant in its possession will reveal its first model in late June.

That’s according to Lordstown Motors CEO Steve Burns, who said the debut of the Endurance, originally slated for the Detroit auto show, will take place online instead. A full-size pickup that shuns internal combustion, the Endurance will face still competition from the Likes of Ford, Rivian, and GM in the emerging segment, though Lordstown doesn’t plan to stop there.

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Laid Low in Lordstown: Coronavirus Didn't Spare the Startups

Lordstown Motors is just one of the contenders vying for buyers in the yet unrealized electric pickup segment and, like the others, it isn’t immune (pardon the phrasing) from the coronavirus pandemic’s fallout.

After moving into a mothballed General Motors assembly plant in Northeast Ohio late last year, Lordstown Motors now says the virus has pushed back its production plans.

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Not Feeling the Cybertruck Love? GM and Lordstown Motors Ask That You Consider Something Less Avant-garde

From the Mustang Mach-E to the Cybertruck in a matter of days. What a week it’s been. While the verdict is still coming in on Tesla’s, um, interesting take on an electric pickup, an auto giant and an upstart automaker that just bought a big assembly plant are happy to offer an alternative.

Of course, neither General Motors nor Lordstown Motors have a physical, production-ready pickup to show you, but many would argue Tesla doesn’t, either. Yet both rival EV pickups are on the way, the companies claim. One’s already taking pre-orders.

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  • ToolGuy Good for them, good for me.
  • Tassos While I have been a very satisfied Accord Coupe and CIvic Hatch (both 5-speed) owner for decades (1994-2017 and 1991-2016 respectively), Honda has made a ton of errors later.Its EVs are GM clones. That alone is sufficient for them to sink like a stone. They will bleed billions, and will take them from the billions they make of the Civic, Accord, CRV and Pilot.Its other EVs will be overpriced as most Hondas, and few will buy them. I'd put my money on TOyota and his Hybrid and Plug-in strategy, until breaktrhus significantly improve EVs price and ease of use, so that anybody can have an EV as one's sole car.
  • ToolGuy Good for Honda, good for Canada.Bad for Ohio, how could my President let this happen? lol
  • Tassos A terrible bargain, as are all of Tim's finds, unless they can be had at 1/2 or 1/5th the asking price.For this fugly pig, I would not buy it at any price. My time is too valuable to flip ugly Mitsus.FOr those who know these models, is that silly spoiler in the trunk really functional? And is its size the best for optimizing performance? Really? Why do we never see a GTI or other "hot hatches' and poor man's M3s similarly fitted? Is the EVO trying to pose as a short and fat 70s ROadrunner?Beep beep!
  • Carson D Even Tesla can't make money on EVs anymore. There are far too many being produced, and nowhere near enough people who will settle for one voluntarily. Command economies produce these results. Anyone who thinks that they're smarter than a free market at allocating resources has already revealed that they are not.