LORDSTOWN, Ohio — On Tuesday, Lordstown Motors Corp. announced that it has received a Letter of Intent from a Florida-based company to broker 1,000 of its Endurance electric trucks.
The startup company is hoping to bring automobile manufacturing back to Lordstown. GM once employed more than 4,000 people at the 6.2 million-square-foot plant, which churned out over 16 million vehicles (mostly Chevrolets). However, citing a changing consumer climate, the company closed the plant down in March of last year, devastating the remaining 1,000-plus workers and igniting a firestorm from politicians across the aisle, including President Donald Trump.
Last November, following months of speculation and a settlement with the United Auto Workers union, GM sold the plant to Lordstown Motors. Ten percent of the new entity is owned by electric truck maker Workhorse Group, and GM lent $40 million of its own money to help get the startup off the ground.
According to The Detroit News, Lordstown Motors will debut the Endurance truck this June at the North American International Auto Show, and will officially start production later in the year.
You can read the entire release announcing the news below:
Lordstown Motors Corp., a new Ohio-based original equipment manufacturer of light duty fleet vehicles, has received a Letter of Intent from Innervations, a Florida-based company specializing in fast DC and Level II EV chargers, to broker 1,000 Lordstown Endurances to their clients to convert their company fleets to electric vehicles. With their innovative EVEN Recharge branded Level 2 / DC fast charging stations, and cloud-based management system, Innervations has created an EV Fleet Program to assist corporations in converting their existing gas or diesel fleets to all-electric vehicles.
Lordstown Motors Corp. has now received letters of intent from customers across the country, including government entities, fleet management organizations, construction companies, security companies, landscapers and grounds crews, and those working in the fields of steel, natural gas, oil and petroleum.
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