Lordstown Files for Bankruptcy, Endurance Pickup Assets up for Sale

phamanhvu01@lemmy.world to Cars - For Car Enthusiasts@lemmy.world – 2 points –
Lordstown Files for Bankruptcy, Will Sell Endurance Pickup Assets
caranddriver.com

F, who's next I wonder?

1

Unfortunately, a lot of these EV companies acted more like tech companies than they did Auto companies.

Now that interest rates have gone up, a lot of the money feeding tech has vanished.