Lordstown Motors cuts 2021 production estimate for electric pickup to at best 50% of prior expectations
In its report of first quarter 2021 financial results and outlook, Lordstown Motors, a startup developing electric light duty trucks focused on the commercial fleet market (earlier post), said that the expected production of its Endurance full-size electric pickup in 2021 will be limited—at best 50% of prior expectations. The…
2021-05-27 05:04