
FreightWaves NOW Lordstown Motors giving up on Endurance Truck?
Mar 7, 2023
10:16
Alan Adler - Midwest Bureau Chief - FreightWaves - Nunica, MI
- Lordstown Motors (LMC) issued its first recall, covering 19 Endurance commercial electric pickup trucks because they can stop running without warning. It plans a second recall to address issues resulting from its brake part supplier failing to source components to specifications.
- Without an OEM to shoulder costs, what is Lordstown to do?
- Will FoxConn be able to save the Endurance Truck - if it wants to?
- The bill of material is higher than the selling price of the truck - how was this going to work economically?
- Is this representative of growing pains in the electric truck industry or is this a more serious problem that an EV service truck needs much more research and development?
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