Lordstown

The United Auto Workers union has released a report shedding light on the dangerous working conditions and inadequate wages at Ultium Cells Lordstown in Ohio. This facility, a joint venture between General Motors (NYSE:GM) and LG Energy Solution, produces batteries for GM...

Ed Hightower, CEO at Lordstown Motors Corp. (NASDAQ:RIDE), embarked on a trip to Taiwan for a meeting with Foxtron, an affiliate of Foxconn Technology Group, to discuss the development of a new electric vehicle. However, the Foxtron CEO failed to show up, marking the beginning of a series of...

Electric vehicle stocks moved down alongside the broader market in the week ending April 21. Tesla, Inc. (NASDAQ: TSLA) set the ball rolling with mixed quarterly results. Here are the key events that happened in the EV space during the week: Tesla’s Q1, Price Adjustments And...

The week was marred by negative headlines surrounding electric vehicle companies, and, unsurprisingly, a number of EV stocks ended deep in the red. Here are several key events that happened during the week: Tesla Drops Prices Further, Faces Regulatory Scrutiny And...

It's been a big week for electric trucks. Tesla Inc. (NASDAQ: TSLA) got most of the attention with the theater of its Cybertruck roll-out, with Elon Musk going onstage to present the company's concept for a tank-looking truck that Tesla will start producing in 2021. Also this week,...

General Motors Co. (NYSE: GM) planned to announce Thursday that it has sold its Lordstown, Ohio plant to an electric truck startup, Bloomberg reported. Terms of the deal with Lordstown Motors Corp., which was created to buy the GM plant, weren't disclosed. Shares of Workhorse Group Inc. (NASDAQ...

Workhorse Group Inc (NASDAQ: WKHS) stock was soaring oWednesday after Vice President Mike Pence told reporters the company has secured financing to buy an idled auto plant in Lordstown, Ohio to build electric trucks. The excitement around the stock was being matched in the northeast Ohio community...

General Motors Company (NYSE: GM) CEO Mary Barra defended the company's plans to sell a Lordstown, Ohio-based assembly plant to electric vehicle maker Workhorse Group (NASDAQ: WKHS), commenting that GM did “a lot of vetting,” according to Reuters. GM said in early May it was in...

Workhorse Group Inc (NASDAQ: WKHS) surged 40 percent Wednesday morning after President Donald Trump claimed it would purchase General Motors Company (NYSE: GM)’s Lordstown plant. According to a presidential tweet, GM CEO Mary Barra struck an agreement with the UAW to sell the Ohio plant for...

General Motors Company (NYSE: GM) said it will negotiate with the United Automobile Workers — and the UAW only — this fall to decide the fate of the recently shuttered Lordstown, Ohio, plant. But some stakeholders are growing impatient. “Why wait, start them now!”...