Lordstown Motors may not survive> in big financial trouble +

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Jun 14, 2021, 9:52:45 PM6/14/21
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Lightning strike: Lordstown Motors might not survive the year
June 8, 2021 ... From too much money to not enough, startup says it is on the ropes ... Short seller Hindenburg Research accused LMC of faking many of the 100,000 preorders it claimed to have for its battery-powered pickup called Endurance. Lordstown conceded that it paid to generate some of the order flow for the Endurance to excite the market, but the company denied any wrongdoing ...

Startup Lordstown Motors Warns It May Not Stay in Business
June 8, 2021 ... 

Lordstown Motors is in big financial trouble, report says
June 8, 2021 ... The company reports that it will likely lack funding to maintan its status as a "going concern." ... Lordstown Motors' electric Endurance pickup may never hit production, if recent financial statements are accurate ...

Lordstown Motors shares slammed premarket as CEO and CFO resign
June 14, 2021 ...



Vertical EV pack Concept Boosts Range 

Vertical Battery EV Concept Boosts Range by up to 30%
Jun 04, 2021 ... adding a skateboard adds height, weight, and structural complexity to electric vehicles. Often, these requirements force EV automakers to design their vehicles with an extended wheelbase. Page-Roberts' new design concept places the battery pack snugly between the front seats of the car and the seats at the back ... in order to fit the battery pack, the rear seats must also be rear-facing ...




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