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Autoline This Week #2614 - Lordstown Motors Goes Asset Light, Develops Skateboard Trucks

Autoline This Week #2614 - Lordstown Motors Goes Asset Light, Develops Skateboard Trucks

FromAutoline This Week


Autoline This Week #2614 - Lordstown Motors Goes Asset Light, Develops Skateboard Trucks

FromAutoline This Week

ratings:
Length:
27 minutes
Released:
May 31, 2022
Format:
Podcast episode

Description

Lordstown Motors changed its business plan. Instead of building electric trucks, it’s going to have Foxconn build them for it—in the plant that Lordstown used to own. It raised the money it needs to launch its truck by selling the plant to Lordstown. That truck, called the Endurance, will start production in Q3, 2022. But Lordstown is already working on other commercial models that will use a skateboard chassis. Edward T. Hightower, the President of Lordstown Motors, explains the new direction the company is going in.
Released:
May 31, 2022
Format:
Podcast episode

Titles in the series (100)

In depth discussions of the most important trends and developments shaping the automotive industry with industry executives and the top auto journalists. Your half-hour update on what they’re talking about in the C-suites.