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Lordstown Motors: Limited production of electric pickups starting in September

GM gives its EV plans major boost

GM gives its EV plans major boost
winnipegfreepress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winnipegfreepress.com Daily Mail and Mail on Sunday newspapers.

Lordstown Motors Still Viable, Company Executives Say

Lordstown Motors Still Viable, Company Executives Say Company President Rich Schmidt is confident Lordstown Motors can survive through the winter and into next spring, even though documents filed with the U.S. Securities and Exchange Commission indicated the company was in danger of running out of cash. Despite the abrupt resignations of two top officers and dire warnings about its financial condition, Lordstown Motors still plans to start production in September and has the resources to deliver between 15,000 and 20,000 finished units by May 2022, company executives say.  Lordstown Motors, a start-up company planning to build battery-electric pickup trucks at the old General Motors plant in Lordstown, OH, faces several challenges, company President Rich Schmidt acknowledges during a presentation to the Automotive Press Assn. in Detroit. 

GM ups its planned investment in EVs, will build new battery plants

GM ups its planned investment in EVs, will build new battery plants
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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