Lordstown Motors Reports Fourth Quarter and Full Year 2020 Financial Results benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
PUBLISHED 7:15 PM ET Mar. 15, 2021 PUBLISHED 7:15 PM EDT Mar. 15, 2021
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WASHINGTON, D.C. After Ohio lost out on a multi-billion-dollar contract with the United States Postal Service to build new mail vehicles, several Ohio lawmakers are asking the Biden administration to investigate.
What You Need To Know
Ohio-based Workhorse Group was hoping to secure a multi-billion-dollar Postal Service vehicle contract that would have brought jobs to NE Ohio’s Lordstown Motors
After the Postal Service chose a company in Wisconsin, Ohio lawmakers are calling on the Biden administration to investigate the deal for inappropriate political influence and failing to meet standards set by Biden
Lordstown Motors Issues Statement Regarding Short-Seller Report forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Lordstown Motors and Holman Enterprises Announce Co-Marketing Agreement and Expanded Alliance
Lordstown Motors CorpMarch 2, 2021 GMT
LORDSTOWN, Ohio, March 02, 2021 (GLOBE NEWSWIRE) Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, has entered into a set of agreements with Holman Enterprises, a global automotive services organization, including a co-marketing agreement and vehicle procurement agreement with ARI, Holman’s industry-leading leasing and fleet management services division, and an upfit services agreement with Auto Truck Group, Holman Enterprises’ vehicle fabrication and upfitting division. Together, Holman Enterprises and Lordstown Motors will help organizations easily integrate the Lordstown Endurance, the first all-electric commercial pickup truck, into their vocational fleet
LORDSTOWN A trio of Democratic lawmakers is urging President Joe Biden to halt a U.S. Postal Service truck contract to review whether inappropriate political influence was involved with its award.
The lawmakers also want to determine whether the contract is consistent with Biden’s call to electrify the federal government’s fleet of vehicles, made in an executive order soon into his presidency.
It was last week Postmaster Louis DeJoy announced Wisconsin-based Oshkosh Defense won the contract worth up to $6 billion, besting two other finalists in doing so, including Cincinnati-based Workhorse Group, a stakeholder in Lordstown Motors Corp.
U.S. Reps. Tim Ryan of Howland and Marcy Kaptur of Toledo, and U.S. Sen. Sherrod Brown, wrote Biden asking him to review the award that, according to a news release, “stands in stark contrast” with his executive order.