Lordstown's future is at stake as it burns through cash and faces a crucial deal deadline next week - CNBC

5/9/2022 12:00:00 AM2 years 11 months ago
by John Rosevear
by John Rosevear
Lordstown hopes to start production of its electric truck this fall, but even if a lifeline deal with Foxconn closes next week, it'll need more cash.
Struggling electric vehicle start-up Lordstown Motors said it's on track to begin production of its Endurance pickup in the third quarter, about a year later than originally expected. Yet even if it … [+2311 chars]
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