Lordstown Motors
Motor Vehicle ManufacturingUnited States501-1000 Employees
Our missions is to accelerate EV adoption, and that starts with our first vehicle; the all-electric Endurance™ pickup truck. #WorkForIt #Ride #RideWithLordstown
Market Positioning Lordstown Motors is positioned as an innovative electric vehicle manufacturer with a focus on electric pickups, presenting opportunities to target fleet operators, commercial delivery services, and outdoor adventure markets looking for durable, eco-friendly trucks.
Manufacturing Transition The sale of its manufacturing plant to Foxconn and the ongoing contract manufacturing arrangement suggests a potential for partnerships or supply chain collaborations with companies involved in EV manufacturing and component supply.
Financial Opportunities With current revenue estimates of 100 to 250 million dollars and substantial funding of 170 million dollars, there is room to expand sales efforts into financing, leasing options, or after-sales services tailored for commercial and industrial clients.
Competitive Differentiators Recognition as a finalist in the North American Car of the Year awards highlights the Endurance truck’s market appeal, offering a sales advantage when targeting automotive dealerships and fleet management companies seeking award-winning EV solutions.
Legal and Regulatory Environment Ongoing legal and securities issues indicate a need for trusted risk mitigation solutions and compliance-focused offerings, providing an opportunity to offer legal, financial, or consulting services to support corporate stability and transparency.
Lordstown Motors uses 8 technology products and services including MATLAB, CATIA, SentinelOne, and more. Explore Lordstown Motors's tech stack below.
| Lordstown Motors Email Formats | Percentage |
| First.Last@lordstownmotors.com | 95% |
| First.L@lordstownmotors.com | 4% |
| FirstLast@lordstownmotors.com | 1% |
Motor Vehicle ManufacturingUnited States501-1000 Employees
Our missions is to accelerate EV adoption, and that starts with our first vehicle; the all-electric Endurance™ pickup truck. #WorkForIt #Ride #RideWithLordstown
Lordstown Motors has raised a total of $170M of funding over 5 rounds. Their latest funding round was raised on Nov 07, 2022 in the amount of $170M.
Lordstown Motors's revenue is estimated to be in the range of $100M$250M
Lordstown Motors has raised a total of $170M of funding over 5 rounds. Their latest funding round was raised on Nov 07, 2022 in the amount of $170M.
Lordstown Motors's revenue is estimated to be in the range of $100M$250M