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Insider Transportation: EV startups take a new road to public markets, airlines ditch change fees, and more

Canoo is just one of a flock of EV startups skipping the traditional IPO in favor of a reverse merger. Canoo Even amid plagues, summer is the time for road trips. (Maybe especially amid plagues, when travel restrictions make a terrestrial trip more workable than flying.) But as we head into Labor Day and take a look back at the season, we've noticed a distinct lack of road shows.You know, those continent-hopping bonanzas that serve as the prelude to a company's bell-ringing IPO. And it's no...
Tags: Transportation, Elon Musk, Germany, Israel, America, Trends, Tesla, Delta, Volkswagen, United, Uae, United Airlines, Delta Air Lines, American Airlines, Trump, Mark


Lordstown Motors Releases New Video Showing the All-Electric Endurance at Work

Last month, Lordstown Motors Corp. CEO Steve Burns unveiled the first pre-production Lordstown Endurance at its Northeast Ohio headquarters to a crowd that included government officials, Lordstown employees and local stakeholders. Vice President Mike Pence and U.S. Secretary of Energy Dan Brouillette also spoke. The event can be seen in its entirety at ​ youtube.com/lordstownmotors ​ . “Endurance isn’t just the first all-electric pickup truck in America—it’s a virtue the people of...
Tags: Energy, Advertising, America, Indiana, Automotive, Ohio, Northeast Ohio, Erin, Burns, Mike Pence, Valley, Lordstown, Pence, Goodyear, Steve Burns, Mahoning Valley


Cadillac reveals Lyriq, its all-electric SUV flagship loaded with luxury and tech

GM unveiled Thursday the Cadillac Lyriq, an all-electric crossover dripping in luxury, tech-forward touches and promising more than 300 miles of range that aims to propel the brand into a new electrified era. That new era for Cadillac will have to wait though. The company said the Lyriq will go into production in the U.S. in late 2022, more than two years after its reveal date. The Cadillac Lyriq will be a global product, meaning it will be headed to China as well. Production in China will be...
Tags: Transportation, China, Tech, Tesla, Automotive, Gm, Dc, Northeast Ohio, Cadillac, Lordstown, Lordstown Ohio, Buick Cadillac Chevrolet, LG Chem, Cadillac Lyriq, Lyriq, Ultium


Ohio governor tests positive for coronavirus ahead of Trump visit

By FARNOUSH AMIRI and DAN SEWELL | Report for America/Associated Press COLUMBUS, Ohio — Ohio Gov. Mike DeWine tested positive Thursday for the coronavirus just ahead of a planned meeting with President Donald Trump. The Republican governor’s office said he took the test as part of standard protocol before he was to meet Trump at an airport in Cleveland. He had planned to join the president on a visit to the Whirlpool Corp. plant in northwest Ohio. His office said the 73-year-old DeWine had no sy...
Tags: Politics, News, White House, General Motors, Sport, Soccer, Ohio, Oklahoma, Cleveland, Donald Trump, Columbus, Trump, Democratic, Mike Pence, Statehouse, COLUMBUS Ohio


Lordstown Motors becomes latest EV automaker to use a SPAC to go public

Lordstown Motors, the one-year-old Ohio electric automaker that revealed a pickup truck prototype in June, has reached a deal to merge with special-purpose acquisition company DiamondPeak Holdings Corp, with a market value of $1.6 billion. The agreement marks the latest company — and electric automaker — to become a publicly traded company through a merger agreement with a SPAC, or blank check company. Electric automakers Nikola Motor and Fisker Inc. have also become public companies through ...
Tags: Tech, General Motors, Automotive, Gm, Ohio, Electric, Nasdaq, Blackrock, Burns, SPAC, Lordstown, Velodyne Lidar, Steve Burns, Workhorse Group, Workhorse, Fisker Inc


Welcome to Voltage Valley and Its New American-Made EV Pickup Truck

Pickup truck drivers with good credit and a concern for the environment will one day soon be able to drive the new all-electric Endurance by Lordstown Motors. Our ability to evolve… I like that framing. Manufacturing in Ohio and throughout the Rust Belt has required a massive injection of money and new thinking for decades. […] The post Welcome to Voltage Valley and Its New American-Made EV Pickup Truck appeared first on Adpulp.
Tags: Advertising, Brands, Ohio, Lordstown, Rust Belt, Creative Review, Lifestyle Marketing, Car Account, Voltage Valley


GM starts construction on the cornerstone of its EV strategy

Steel construction has begun on the nearly 3-million-square-foot factory that will mass produce Ultium battery cells and packs, the cornerstone of General Motors’ strategy to bring 20 electric vehicles to market by 2023. The Ultium Cells LLC battery cell manufacturing facility in Lordstown, Ohio is part of a joint venture between GM and LG Chem that was announced in December. At the time, the two companies committed to invest up $2.3 billion into the new joint venture as well as establish a batt...
Tags: TC, Tech, General Motors, Tesla, Automotive, Electric Vehicles, Mary Barra, Gm, Panasonic, Battery, Northeast Ohio, Gw, Lordstown, Lordstown Ohio, LG Chem, GM GM


Lordstown Motors has unveiled its $52,500 Endurance truck that's set to be the first electric pickup to market

The first Lordstown Motor Endurance trucks will be shipped late summer of 2021, setting it up to be the first electric pickup truck on the road.
Tags: News, Lordstown, Lordstown Motors


Here's how Lordstown Motors' new Endurance electric pickup truck compares to Tesla's Cybertruck

Lordstown Motors has unveiled its flagship electric pickup truck, the Endurance. The electric pickup truck is will soon be saturated with both startups like Lordstown Motors, and veteran automakers such as Ford and Tesla. According to Lordstown Motors, the Endurance will be the first electric pickup truck to market in the US. The single-motor rear-wheel-drive Cybertruck and the Endurance have several similar specs, such as the towing capacities and range. Here is the Cybertruck and Endurance, ...
Tags: US, Trends, Tesla, Ford, Ohio, Mike Pence, Lordstown, Cybertruck, Lordstown Motors, Cybertrucks, Energy Dan Brouillette


Everything you need to know about the Lordstown Endurance

Ohio-based Lordstown Motors hopes to beat Tesla and Rivian to the electric pickup segment with the Endurance.
Tags: Cars, Trends, Tesla, Ohio, Electric Cars, Pickup Trucks, Lordstown, Electric pickup trucks, Rivian, Lordstown Motors, Lordstown Endurance


Lordstown Motors' Big Gamble on Hub Motors

Electric cars are gaining traction in the marketplace as Tesla builds a devoted following. But is America ready for an all-electric pickup truck? The start-up Lordstown Motors is betting on it. They’re hoping to produce America’s first electric pickup, and part of Lordstown’s gamble is a different approach to electric motors. [Author: Jeff St. Clair]
Tags: America, Tesla, Jeff St. Clair, Lordstown, Lordstown Motors, Lordstown Motors Big Gamble on Hub Motors


Will the Lordstown Endurance electric truck beat the Tesla Cybertruck and Rivian R1T to market?

In the developing electric truck market there seem to be five key players emerging: the Tesla Cybertruck, Rivian R1T, Hummer EV, Nikola Badger, and the all-electric Ford F150. But a sixth just burst onto the scene, and its ambitious plans could see it being the first to market. Lordstown, the electric car startup that was only founded last year, unveiled its debut vehicle, called the Endurance, yesterday. What’s more, the company is planning to deliver it early next year, which is one heck of a ...
Tags: Startups, Cars, Tech, Tesla, Ford, Shift, Lordstown, Tesla Cybertruck, Lordstown Endurance, Nikola Badger


Lordstown debuts a $52,500 electric pickup alongside a campaigning Mike Pence

Lordstown Motors unveiled Thursday a prototype of its electric future, a pickup truck with four in-wheel hub motors and a few other features all aimed squarely at attracting contractors and other buyers in the commercial market. The unveiling by this one-year-old Ohio startup didn’t get too deep into the details about the electric pickup truck known as Endurance. There wasn’t any information on the interior, performance or battery. The entire second half of the event took a 90-degree turn away f...
Tags: TC, China, Tech, Automotive, Gm, Ohio, Epa, Trump, Burns, Mike Pence, Lordstown, Goodyear, Lordstown Ohio, Steve Burns, GM assembly plant, Workhorse Group


Lordstown Motors has unveiled its $52,500 Endurance truck that's set to be the first electric pickup to market

Lordstown Motors has unveiled a pre-production version of the Endurance, the automaker's flagship electric pickup truck. The $52,500 pickup truck is expected to be produced and completed by the late summer of 2021, which would make it to the first mass-produced fully electric pickup truck on US roads. Ohio-based Lordstown Motors has plans to produce 20,000 Endurance builds in 2021, and its first production year has already been pre-sold. Visit Business Insider's homepage for more stories. Ohi...
Tags: Energy, US, Trends, General Motors, Tesla, Ford, Ohio, Chevrolet, Burns, Mike Pence, Lordstown, Goodyear, Bollinger, Steve Burns, Endurance, Dan Brouillette


Reviving Lordstown: An electric pickup truck startup brings back an old GM plant

A small Ohio automotive startup is drawing national attention for its new electric pickup truck. If the vehicle, Lordstown Motors' first and only product, proves to be a hit, it could reshape the auto market and help revive a languishing Rust Belt town. But questions linger about whether the newcomer can deliver on its goals.
Tags: Cnn, Gm, Ohio, Lordstown, Lordstown Motors


Endurance, by Lordstown: The Electric Pickup That’s Not for Everyone

Rivian wants to dazzle you with excessive range and dirt-flinging tank turns. Ford wants you to feel virtuous while behind the wheel of an F-150. General Motors wants to crush things beneath the wheels of the monstrous GMC Hummer EV. Lordstown Motors’s electric pickup, on the other hand, doesn’t want to be everyone’s best friend. […] The post Endurance, by Lordstown: The Electric Pickup That’s Not for Everyone appeared first on The Truth About Cars.
Tags: General Motors, Production, Ford, Electric Vehicles, Autos, Trucks, EVs, New Cars, Lordstown, Endurance, News Blog, Product Planning, Rivian, Lordstown Motors, Lordstown Endurance, GMC Hummer EV Lordstown Motors


Morning Headlines: Family of Murdered Akron Teen Asks Suspect to Surrender; VP to visit Lordstown

Here are your morning headlines for Tuesday, June 23: Family of Akron teen shot and killed last week asking suspect to turn himself in Ohio reports another daily spike in coronavirus cases Cleveland Clinic announces cost-cutting measures to stem coronavirus-related losses Cleveland Police say white man shouted racial slurs, tried to run over black teens at birthday party Columbus Mayor to investigate allegations of man with disabilities maced by police Ohio ask U.S. Supreme Court to keep signatu...
Tags: Fbi, Ohio, Columbus, Akron, Cleveland Clinic, Lordstown, Cleveland Police, Horrigan, Tuscarawas River, Lordstown Motors, Ohio ask U S Supreme Court, Bay Police Summit County, Akron s Charter Review Commision


GM closed its Lordstown plant. Now, Ohio wants its $60M tax break back

In 2009, Ohio granted GM lucrative tax breaks in the middle of the Great Recession to keep its massive Lordstown auto plant in business. Now Ohio wants its money back.
Tags: Cnn, Gm, Ohio, Lordstown


Ohio Democrats Join a Call to Support Joe Biden

Like just about everything else these days, political campaigning has had to rely on virtual connections. This week, Sen. Sherrod Brown (D-Ohio) held an organizing call to rally support in Ohio for Vice President Joe Biden’s presidential campaign. Ohio had been seen as solidly red. Donald Trump won the state in 2016. But recent polls show a tight race. A poll by Emerson College in early May showed Trump with a 3-point lead. Brown said the call drew 1,500 people, and he said Trump’s actions towar...
Tags: Joe Biden, Ohio, Donald Trump, Trump, Brown, Lordstown, Emerson College, Sen Sherrod Brown D Ohio


Detroit Three have a new competitor in the electric pickup war — it's called Endurance

Lordstown CEO Steve Burns says the Endurance will be first to hit the all-electric pickup market and it has an advantage against the Detroit Three.         [Author: Detroit Free Press]
Tags: News, Detroit, Detroit Free Press, Lordstown, Steve Burns


General Motors and its battery partner are building a new factory in Ohio as the carmaker prepares to reveal 22 new electrified vehicles by 2023 (GM)

General Motors and LG Chem have named their joint venture "Ultium Cells LLC." "Ultium" is the name that GM revealed earlier this year when the car company announced its battery technology. The new factory is a $2.3-billion plant being built in Ohio, near a factory that was controversially closed in 2019. Visit Business Insider's homepage for more stories. General Motors and LG Chem are doing preparatory construction on a new, $2.3 billion factory in Ohio. The companies made the announcement o...
Tags: Facebook, US, San Francisco, Trends, General Motors, Tesla, Gm, Ohio, Panasonic, Nevada, Donald Trump, Lordstown, UAW, United Auto Workers, LG Chem, Lordstown Assembly


Laid Low in Lordstown: Coronavirus Didn’t Spare the Startups

Lordstown Motors is just one of the contenders vying for buyers in the yet unrealized electric pickup segment and, like the others, it isn’t immune (pardon the phrasing) from the coronavirus pandemic’s fallout. After moving into a mothballed General Motors assembly plant in Northeast Ohio late last year, Lordstown Motors now says the virus has […] The post Laid Low in Lordstown: Coronavirus Didn’t Spare the Startups appeared first on The Truth About Cars.
Tags: General Motors, Production, Autos, Northeast Ohio, Lordstown, Endurance, News Blog, Lordstown Motors, Lordstown Endurance, Coronavirus, Laid Low


Permit Approved for Battery Plant Construction in Lordstown

The U.S. Army Corps of Engineers this week issued a permit to General Motors allowing for construction of a battery making factory in Lordstown. G.M. is partnering with LG Chem of South Korea on the $2.3 billion project. It will be built on a site adjacent to G.M.’s old Lordstown assembly plant, which is being retooled to produce electric pickup trucks. Congressman Tim Ryan says it is a new opportunity for the region. “This is the potential for 1,100 jobs in our community, good paying jobs in ou...
Tags: South Korea, General Motors, Lordstown, Tim Ryan, U S Army Corps of Engineers, LG Chem, Aaron McDade, Battery Plant Construction, Mosquito Creek Wildlife Area


Ford ditched its old PR playbook amid coronavirus turbulence like the shift to remote work, medical supply manufacturing, and criticism from President Trump. Here's what it's doing instead.

Ford has scrambled its PR, marketing, and advertising activities as the coronavirus outbreak intensifies. President Trump blasted the automaker for moving too slowly in making ventilators, and Ford workers have died after contracting the virus. Ford has been emphasizing internal communications as its thousands of employees transitioned to remote work and promoting its work making medical supplies. Click here for more BI Prime stories. Ford Motor Co. is rewriting its PR playbook as it pivots f...
Tags: Mexico, Trends, General Motors, Ford, Bill Ford, Ohio, Michigan, Fiat Chrysler, Trump, Ford Motor Co, Detroit Free Press, Lordstown, Dearborn, UAW, United Auto Workers, Jim Hackett


How Ford pivoted its PR efforts to deal with the shift to remote work, medical supply manufacturing, and criticism from President Trump

Ford has scrambled its PR, marketing, and advertising activities as the coronavirus outbreak intensifies. President Trump blasted the automaker for moving too slowly in making ventilators, and Ford workers have died after contracting the virus. Ford has been emphasizing internal communications as its thousands of employees transitioned to remote work and promoting its work making medical supplies. Click here for more BI Prime stories. Ford Motor Co. is rewriting its PR playbook as it pivots f...
Tags: Mexico, Trends, General Motors, Ford, Bill Ford, Ohio, Michigan, Fiat Chrysler, Trump, Ford Motor Co, Detroit Free Press, Lordstown, Dearborn, UAW, United Auto Workers, Jim Hackett


Ford reveals how it's rewriting its PR playbook as it shifts to making coronavirus medical supplies

Ford has scrambled its PR, marketing, and advertising activities as the coronavirus outbreak intensifies. President Trump blasted the automaker for moving too slowly in making ventilators, and Ford workers have died after contracting the virus. Ford has been emphasizing internal communications as its thousands of employees transitioned to remote work and promoting its work making medical supplies. Click here for more BI Prime stories. Ford Motor Co. is rewriting its PR playbook as it pivots f...
Tags: Mexico, Trends, General Motors, Ford, Bill Ford, Ohio, Michigan, Fiat Chrysler, Trump, Ford Motor Co, Detroit Free Press, Lordstown, Dearborn, UAW, United Auto Workers, Jim Hackett


We compared the Tesla Cybertruck, Rivian R1T, and 5 other upcoming electric pickup trucks by 11 different specs. The Cybertruck won nearly half.

There are currently seven electric pickup trucks on the horizon in the US: Tesla's Cybertruck, Nikola's Badger, Bollinger's B2, Lordstown Motor's Endurance, Ford's electric F-150, GMC's Hummer EV, and Rivian's R1T. All of the vehicles have varying specifications and prices. Of the 11 different specifications compared, Tesla's Cybertruck came out as "best in category" five times. Visit Business Insider's homepage for more stories. Tesla's Cybertruck isn't the only electric pickup truck that's ...
Tags: US, Trends, Tesla, Ford, Gmc, Hummer, Lordstown, Badger, Bollinger, Nikola, Bollinger Motors, Rivian, Cybertruck, Lordstown Motors, Lordstown Motor, GMC Hummer EV


Trump Finally Invokes Defense Production Act After All Caps-Tweeting At Companies To Make Ventilators

President Donald Trump finally invoked the Defense Production Act to compel the production of more ventilators Friday, after a steady stream of tweet-yelling at companies to do it on their own accord. “Today, I signed a Presidential Memorandum directing the Secretary of Health and Human Services to use any and all authority available under the Defense Production Act to require General Motors to accept, perform, and prioritize Federal contracts for ventilators,” he said in a statement. “Our ne...
Tags: New York, News, White House, China, General Motors, United States, New York Times, Fema, Gm, Ohio, Fox News, Times, Andrew Cuomo, Donald Trump, Trump, Health And Human Services


Trump Says He’s Doing a Hell of a Job Getting Medical Supplies. Reality Says Otherwise.

After weeks of resisting pleas from governors and healthcare workers to force private companies to ramp up production of medical supplies to help combat the coronavirus crisis, President Donald Trump on Friday afternoon announced that he had changed his mind.In a public announcement the White House said that President Trump had written a memo to the Department of Health and Human Services directing secretary Alex Azar to “use any and all authority available under the Defense Production Act to re...
Tags: New York, News, White House, New York City, General Motors, Brooklyn, United States, Ford, Fema, Gm, Va, Food And Drug Administration, Manhattan, National Security Council, Andrew Cuomo, North Carolina


Trump Yells For Companies To Produce Ventilators While Dithering On Specifics

President Donald Trump seems to have finally caught on to the fact that hospitals need more ventilators to treat people with severe cases of coronavirus. In classic form, the President took to Twitter Friday to urge private companies to shell out the machines “FAST” while behind the scenes, his administration provides the companies with nothing but mixed messaging and a lack of specifics. General Motors MUST immediately open their stupidly abandoned Lordstown plant in Ohio, or some other plan...
Tags: New York, News, White House, China, General Motors, United States, New York Times, Fema, Ohio, Fox News, Times, Andrew Cuomo, Donald Trump, Trump, Health And Human Services, Sean Hannity