Lordstown Motors Announces Plan To Go Public

Electric pickup truck maker Lordstown Motors announced today a new deal to go public through a reverse merger at a $1.6 billion valuation.

After the success of Nikola Motors orchestrating its own reverse merger on the public market earlier this year, several electric vehicle companies have announced similar plans.

That includes Fisker, Karma, and now Lordstown is adding itself to the list.

dumpsty - 8/3/2020 12:49:39 PM

+3 Boost

I hope Lordstown Motors can get & maintain a decent sales momentum. They don't have to burn up the sales charts, just offer a good EV that looks nice...and provide acceptable repair services too.

MDarringer - 8/3/2020 2:51:20 PM

-1 Boost

They are a company with very little engineering experience, and are not abundantly funded, and they have no real experience building cars and yet they are going to make the Lordstown plant a jewel? That's a lot on one plate.

The gender token could easily have figured out something to keep Lordstown open.

This will be a mess.