David Welch and Siddharth Philip

Business, Technology

Lordstown Motors Goes Public Following Reverse Merger

The Lordstown Motors Endurance electric pick-up is seen at a launch event in Ohio on June 25. The Lordstown Motors Endurance electric pick-up is seen at a launch event in Ohio on June 25. (Tony Dejak/Associated Press)

Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle.

August 3, 2020