RIDE News and Press, Lordstown Motors Corp. From 11/03/22

Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...

By introducing Spectre , Rolls Royce has just embarked on the journey of having all of its vehicles run on electricity by the year 2030. The Spectre is the first Rolls Royce vehicle to run entirely on electricity. This, the company says, demonstrates how far technology has come to produce...

Lordstown Motors (NASDAQ: RIDE) stock rode high on a weak market day today -- shares of the electric vehicle (EV) company were trading 4.9% higher as of 1:15 p.m. ET on Monday. The beleaguered company is trying hard to find a footing in the highly competitive EV industry. It...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips In 2021, I finally downgraded my “buy” rating on Tesla (NASDAQ: TSLA ) stock for a 180% gain . The electric vehicle firm had just joined the S&P 500 , and I felt that its $900 pre-split price left ro...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips One of 2022’s defining market trends has been the rise of the electric vehicle (EV) sector. What began as an entire industry centered around one company has boomed into a stock market staple. Despite a turbulent year...

Summary Lordstown Motors is infested with liquidity issues despite the successful $260 million Foxconn deal, which significantly affects its ability to deliver its product. The company is consistently looking to raise funds, but the market situation is bleak, and Lordstown fails t...

Investors are focused on electric vehicle (EV) makers today for a good reason. After sector pioneer Tesla (NASDAQ: TSLA) reported earnings, stocks of several upstarts are moving higher. Rivian Automotive (NASDAQ: RIVN) shares jumped over 2%, while both Nio (NYSE: NIO) ...

Summary Lordstown Motors, the Ohio-based EV junior, announced 40,000 pre-orders only 2 years ago. Fast-forward and Lordstown is brandishing accolades as the Endurance enters commercial production. Yet 500 units by end 2022 provide few inroads into its Everest-like pre-order bo...

Summary Lordstown Motors, a target for short sellers and riddled with scandals, have found themselves needing more capital. The problem stems from the management of the company, which would require some turnaround time. Based on our base-case valuation, we think that the compa...

Lordstown Motors Announces Timing of Third Quarter 2022 Financial Results and Webcast PR Newswire LORDSTOWN, Ohio , Oct. 14, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors"), an original equipment manufacturer (OEM) of ...