Lordstown Motors

Government, Business, Fuel

Workhorse Valued at $1 Billion

U.S. Vice President Mike Pence speaks during the Lordstown Motors unveiling event June 25. U.S. Vice President Mike Pence speaks during the Lordstown Motors unveiling event in Ohio June 25. Workhorse has a 10% stake in the company. (Matthew Hatcher/Bloomberg News)

Shares of Workhorse Group Inc., a maker of electric delivery vehicles, are surging as investors bet the Trump administration will want the company and a fellow Ohio-based affiliate to succeed.

Sophia Cai | Bloomberg News
June 30, 2020
Government, Business, Technology, Fuel

Lordstown Motors Debuts Electric Truck as Market Heats Up

The Lordstown Motors Endurance truck, unveiled June 25. The Lordstown Motors Endurance truck, unveiled June 25. (Lordstown Motors)

The company that bought the aging Lordstown, Ohio, auto factory from General Motors last year unveiled an electric pickup truck it plans to build at the plant, one of many new electric light-trucks manufacturers plan to start selling over the next two years.

Jerry Hirsch | Contributing Writer
June 25, 2020
Business, Technology, Fuel, Logistics

In Ohio, Lordstown Motors Is a Glint of Hope Among Heartbreak

An American flag flies in front of the closed GM plant in Lordstown, Ohio, in 2019. An American flag flies in front of the closed GM plant in Lordstown, Ohio, in 2019. (Matthew Hatcher/Bloomberg News)

In a cavernous Northeast Ohio factory that General Motors Co. left last year, a small group of engineers is coaxing dormant robots back to life — one by one — in a long-shot bid to build a new type of pickup truck.

Kevin Miller | Bloomberg News
June 24, 2020