Would love to hear from them in 6 mos or so View all comments ![]() Wonder who the first customers to take delivery are. Furthermore, the company has received both EPA and CARB certifications.Īnother game changer for local plumbers and roofers and other local worker fleets. In a press release today, Lordstown says its Endurance electric truck achieved full homologation, which was needed to begin sales. Lordstown Endurance/Source: Lordstown Lordstown Endurance EV truck deliveries begin With today’s announcement, Lordstown has hit another milestone on its quest to bring its Endurance EV pickup to market. Foxconn came to the rescue again, investing another $70 million to revamp the EV program.ĭespite several close calls, Lordstown began production in late September, reiterating its goal to start deliveries by year’s end. On its second-quarter earnings, Lordstown said it would need at least $50 to $75 million to scale production and get the Endurance out for delivery. The sale was completed in May 2022, with Foxconn’s CEO vowing Endurance deliveries would begin before the end of the year. To save its fate, Chinese manufacturing giant Foxconn stepped in, buying its Ohio plant and giving the EV startup a lifeline. However, a few mishaps have set the company back, as many wondered if the company would ever deliver a single vehicle.Īfter spiraling out of control, Lordstown’s CEO and CFO abruptly resigned in 2021, further complicating the company’s path to bringing its EV pickup to market. The initial hype caused share prices of the newly listed RIDE stock to jump over 20% during its stock market debut. ![]() Lordstown was one of the most exciting young EV companies with high potential in the electric truck market after going public on the NASDAQ exchange in 2020. Who would’ve thought we would make it to this point? After nearly running out of cash several times to produce its first electric vehicle, the Lordstown Endurance is finally about to reach eager customers. ![]() The first batch of 500 EV pickup trucks is leaving its Ohio Foxconn facility en route for customer delivery. It’s an exciting day for electric truck enthusiasts, with Lordstown Motors (RIDE) announcing its Endurance EV pickup has achieved full homologation.
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