Toyota has more deftly navigated a chip crunch crimping vehicle output than some of its peers, which helped it oust GM as the No. 1 automaker in the U.S. in the last quarter of 2021.
Lordstown Motors has gone from the savior of Ohio to just another blowhard electric vehicle startup. Last year, it became the focus of investment research firm Hindenburg Research and an incredibly damning report that accused the company of fraudulent behavior. The paper cited thousands of non-binding, no-deposit orders and was proven right a few months later […]
GM says the only reason it bought Lordstown stock in the first place was to allow the EV startup to complete the purchase of the plant and restart production.