Startup Lordstown Motors warns it may not stay in business
By The Associated Press - | Jun 9, 2021
FILE - In this Thursday, June 25, 2021, file photo, the electric Endurance pick-up truck is on display at Lordstown Motors Corporation, in Lordstown, Ohio. Startup commercial electric vehicle maker Lordstown Motors says it may not be in business a year from now as it tries to secure funding to start full production of an electric pickup truck. In a quarterly regulatory filing released Tuesday, June 8, 2021, Lordstown says the $587 million it had on hand as of March 31 isn’t enough to start commercial production and begin selling the truck. (AP Photo/Tony Dejak, File)
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