Manufacturing

Lordstown Motors Q4 loss widens as higher costs, delivery delays weigh

Lordstown Endurance
The company began making its Endurance electric pickup in September after Taiwanese contract manufacturer Foxconn acquired Lordstown's Ohio factory and entered a deal to make their vehicle.
R
By:
Reuters
March 06, 2023 12:59 PM

Lordstown Motors Corp. on Monday posted a bigger loss for the fourth quarter, as the electric-vehicle maker struggled with production costs and missed its delivery target for the Endurance pickup truck in the period.

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