Startup needs more capital


Sumary of Startup needs more capital:

  • Electric truck startup Lordstown Motors said on Tuesday (Wednesday in America) it lacks sufficient capital to begin commercial production and warned about the ability to keep operating..
  • The statement, which caused the share price to dive, is the latest sign of trouble at Lordstown, which was launched with fanfare in November 2019 at a former General Motors plant in the Mahoning Valley of Ohio..
  • Lordstown’s flagship vehicle, the Endurance pickup, visited the White House during Donald Trump’s presidency….

Want to know more click here go to source.

From -
Generic selectors
Exact matches only
Search in title
Search in content

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.