Tesla's Giga Shanghai Plant To Shut Down, Ford European Manufacturing Plans, Toyota Stumbles Upon Launch: Week's Top News From EV Industry
The return of risk appetite to the market helped electric vehicle stocks rebound in the week ending June 24. Most stocks, barring some second-rung EV manufacturers, posted strong gains. The gains were led by the Chinese trio as they extended their rally am...
Benzinga · 3d ago
BRIEF-Lordstown Motors Shareholders To Vote On A Proposal To Increase The Number Of Authorized Shares Of Co's Class A Common Stock By 150 Million- SEC Filing
BRIEF-Lordstown Motors Shareholders To Vote On A Proposal To Increase The Number Of Authorized Shares Of Co's Class A Common Stock By 150 Million- SEC Filing
Reuters · 5d ago
Troubled Michigan-Based EV Startup To File For Bankruptcy
Michigan-based electric vehicle startup Electric Last Mile Solutions Inc (NASDAQ: ELMS) said on Sunday it plans to file for Chapter 7 bankruptcy.
Benzinga · 06/13 08:48
Russel Microcap revamp: consumer discretionary/staples stocks Lordstown, GrowGeneration among additions, Genius Brands, NewAge among losing spot
The Russell indexes annual reconstitution 2022 preliminary list is out and we are listing below notable companies in the Consumer Discretionary/Consumer Staples sectors which are scheduled for addition or deletion to the Russell
Seekingalpha · 06/06 15:33
Auto roundup: Tesla drags down EV startup names, Toyota is the 2022 safe play
Some electric vehicle startup stocks are seeing selling pressure after Elon Musk warned of jobs cuts and a hiring freeze at Tesla (TSLA) due his "super bad" feeling on the economy
Seekingalpha · 06/03 15:09
What Percentage Of Lordstown Motors Corp. (NASDAQ:RIDE) Shares Do Insiders Own?
Every investor in Lordstown Motors Corp. ( NASDAQ:RIDE ) should be aware of the most powerful shareholder groups...
Simply Wall St. · 05/30 15:39
FOCUS-For EV maker Rivian, delivery headache hits as market shuts down coffers · 05/23 10:00
Few opportunities found in auto sector, according to Morgan Stanley
The auto sector offers little shelter from market gyrations, according to Morgan Stanley. In two reports released in tandem, a team of analysts led by Adam Jonas reviewed a slew
Seekingalpha · 05/23 09:30
EV Week In Review: Tesla's ESG Index Expulsion, 'Elongate' Scandal, Nio's Singapore Listing, Pear EV Update From Fisker And More
EV stocks bucked the broader market downturn and ended mostly higher, although market leader Tesla, Inc. (NASDAQ: TSLA) was down for a fourth straight week. Charging stocks also came under selling pressure, while China EV stocks recorded handsome gains.
Benzinga · 05/21 13:13
Lordstown Motors Combines Chairman, CEO Roles
MT Newswires · 05/20 08:05
Lordstown Motors get 2 new independent directors, combine CEO and chairman roles
A week ago, Lordstown Motors erased some uncertainties about its future by selling its plant in Lordstown Township, Ohio, and closing on manufacturing and joint venture agreements with Foxconn.
American City Business Journals · 05/20 00:30
BRIEF-Lordstown Motors - Board Has Combined Roles Of Chairman Of Board And Chief Executive Officer · 05/19 22:04
BRIEF-Lordstown Motors - Sold 4.6 Million Of Its Class A Shares To YA II PN Ltd For About $2.1965 Per Share, Or $10.0 Million In Total · 05/17 12:16
Troubled EV Maker Lordstown Motors' Survival Hopes Rests On Fresh Funds, Valuation
Benzinga · 05/17 11:48
Lordstown Motors CEO Dan Ninivaggi on joint venture with Foxconn
Lordstown Motors and Foxconn plan to develop future EV models for themselves and others at their plant through a $100 million joint venture.
American City Business Journals · 05/16 19:54
Auto manufacturers, suppliers slip on Monday amid China concerns
The auto sector, including manufacturers and auto parts providers, are edging lower on Monday as troubles in China persist. Headlining the declines is Tesla (NASDAQ:TSLA) which has again delayed the
Seekingalpha · 05/16 15:46
After SPAC Mania, Electric-Vehicle Startups Face a Cash Squeeze
Bloomberg · 05/15 14:00
EV Week In Review: Elon Musk Shrugs Off China Shocker, Tesla India Plans On Backburner, Lordstown Gets Lifeline, Canoo Sinks On Going Concern Warning And More
The EV space was broadly lower in the week ending May 13, although closing off their lows. The industry took cues from the broader market, which went through a steep sell-off early in the week before recovering on Friday. Market leader Tesla, Inc.
Benzinga · 05/14 14:45
Tesla Rival Says it Will Build $30K Electric SUV in Ohio
Now that a star-crossed deal has closed, new plans are being rolled out to compete with the sector's king. · 05/12 22:59
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About RIDE
Lordstown Motors Corp., formerly DiamondPeak Holdings Corp., is an automotive company. The Company designs and manufactures electric vehicles. Its vehicle, the Lordstown Endurance, is an electric pickup truck. Its In-Wheel Drive System utilizes four hub motors with integrated software. Its hub motor is an electric motor that is incorporated into the hub of a wheel and drives it directly. The Company's integrated software monitors and adjusts each wheel. The Company's Telematics system provides owners a range of data for fleet management. Its trucks are focused on the commercial fleet market.