Lordstown Motors Revenue and Competitors

Lordstown Motors Corporation was founded with the purpose of transforming Ohioￃﾢ￢ﾂﾬ￢ﾄﾢs Mahoning Valley, and Lordstown, Ohio, into the epicenter of electric-vehicle manufacturing throughout the State of Ohio and the Midwest. On November 7, 2019, Founder & Chief Executive Officer, Steve Burns, acquired the 785 acre 6.2 million square foot GM Assembly Plant in Lordstown, Ohio from General Motors. Lordstown Motors Corporation is completing the engineering and development of the first full-electric pickup truck in the United States - the Enduranceￃﾢ￢ﾀﾞￂﾢ - to serve the commercial pickup truck market. The Endurance will have the fewest moving parts of any production vehicle made, to date. Incorporating electric powerful hub motors into each of the four wheels and a battery pack into the floor, all gears, drive shafts, and universal joints have effectively been removed from the design. The simplified nature of the Endurance chassis will reduce the weight of the frame and body panels. As a result, the Endurance will have one of the best crash test specifications of any full-size pickup truck on the market.