Endurance Electric Truck - Lordstown Making New EV Plans
Two weeks after announcing a pause in the production and delivery of its Endurance electric trucks, as well as a recall, Lordstown Motors (LMC) held its quarterly shareholders call this week.
While the company works to get the Endurance back in production, LMC says it is partnering with Foxconn on a new platform and electric vehicle program. The work is currently in the pre-development stage.
Taiwan’s Foxconn Technology Group, the world’s largest electronics maker, entered into a purchase deal with LMC in 2022. Foxconn assumed manufacturing operations at the Lordstown plant and took over the employment of approximately 400 LMC workers.
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