Lordstown Motors Corp. (LMC) will unveil the commercial fleet-focused Endurance electric pickup truck next week even as a deadline looms to raise hundreds of millions of dollars to convert a closed General Motors Co. (NYSE: GM) small car plant to full-size electric truck production.
GM holds a $40 million mortgage, allowing LMC to operate while it seeks investors. LMC, led by former Workhorse Group (NASDAQ:WKHS) CEO Steve Burns, paid $20 million for the 6.2 million-square-foot assembly complex...
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