EPISODE · Mar 7, 2023 · 10 MIN
Lordstown Motors giving up on Endurance Truck?
from FreightWaves NOW · host FreightWaves
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? Learn more about your ad choices. Visit megaphone.fm/adchoices
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Lordstown Motors giving up on Endurance Truck?
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