Homologation is a big word - and a key condition to start sales. Lordstown achieved it, plus received certifications, testing, and the first vehicles are leaving the plant.
It’s been a bumpy ride to get here, and the electric truck maker’s ability to scale production is still cloudy.
The maker of an all-electric commercial pickup truck now plans to start production later this year as it aligns and draws on capital funding sources.
The departures follow financial and production challenges in a more competitive and growing market for electric pickup trucks.
A day after filing an amended 10-K that casts doubt on the electric-truck maker’s survival into 2022, the company said it has “multiple avenues to raise capital."
The release of the beta models, two of 57 to be produced, comes at a critical juncture for the upstart electric automaker.
The partnership will help fleets integrate the Lordstown Endurance, an all-electric commercial pickup truck, into their vocational fleet operations.
Among other business updates, the company announced it has started its outreach to state and local government entities, including the U.S. military, to sell the Lordstown Endurance all-electric pickup.
The Bobit fleet team got a chance to climb through a test version of the all-electric pickup at Lordstown Motors’ new facility in Irvine, Calif.
Merchants Fleet has launched an innovative new vehicle electrification initiative, Electrify Fleet, which seeks to deploy new EVs in the commercial market, including through the introduction of the Lordstown Endurance all-electric commercial pickup truck for its clients.
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