How EV startup Lordstown Motors was saved from bankruptcy

Lordstown announced that the first two commercial release production Endurance units rolled off the production line at the Foxconn EV Ohio Plant. The company anticipates ending Q3 with approximately $195 million in cash and cash equivalents, including $27.1 million of proceeds from equity issuances during the third quarter of 2022.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top