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

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Lordstown Motors Files For Bankruptcy, Sues Foxconn For “Bad Faith”
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The company is looking for a new owner that can take the Endurance electric pickup “to the next level.”

vehicle and related assets, saying that it’s “a fully homologated and certified, production-launched vehicle that can serve as a springboard for the right OEM or other strategic purchaser into the broader North American EV full-size truck market at a fraction of the cost and time it would take to develop a program from the ground-up.”

Production of the Lordstown Endurance began in the third quarter of 2022, but it was temporarily halted in the first quarter of 2023 because of supplier-related issues. Assembly restarted at a very low pace in April, but at the end of the day, the company reportedly delivered only six vehicles this year and manufactured a total of 31 units.

Powered by in-wheel hub electric motors that get juice from a 109-kilowatt-hour battery pack, the Endurance pickup has , which is one of the lowest range results among BEVs, and the lowest range for BEVs with 100+ kWh battery.As always, we’d like to know what you think about this, so head over to the comments section below to give us your thoughts.

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