Lordstown Motors warns of cash crunch

lordstown-motors-warns-of-cash-crunch

Lordstown EnduranceIt’s now been a year since Lordstown Motors unveiled its Endurance battery-electric pickup truck, but the company is unlikely to start production without fresh investment. The electric-vehicle startup, which only last October went public via a SPAC deal, said on Tuesday in a filing with the Securities and Exchange Commission that it doesn’t have…