Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Lordstown debuts a $52,500 electric pickup alongside a campaigning Mike Pence

Lordstown Motors unveiled Thursday a prototype of its electric future, a pickup truck with four in-wheel hub motors and a few other features all aimed squarely at attracting contractors and other buyers in the commercial market.

The unveiling by this one-year-old Ohio startup didn’t get too deep into the details about the electric pickup truck known as Endurance. There wasn’t any information on the interior, performance or battery. The entire second half of the event took a 90-degree turn away from the truck and centered on its special guest, Vice President Mike Pence, who spoke for 25 minutes about President Trump’s policies on jobs and manufacturing, China and the COVID-19 response.

Before Pence took the stage, some new information was shared, including comments about the hub electric motors and a partnership with Goodyear Tire & Rubber Company. The companies agreed to collaborate on tires and service. Goodyear said it also intends to acquire new Endurance vehicles to integrate into its own servicing fleet.

It also appears that at least the first year of production capacity is spoken for — at least if every customer who pre-ordered the truck follows through and plunks down at least $52,500 to buy one.

Lordstown Motors said a number of potential customers have sent letters of intent, including AutoFlexFleet, Clean Fuels Ohio, Duke Energy, FirstEnergy, GridX, Holman Enterprises and ARI, Summit Petroleum, Turner Mining Group and Valor Holdings, as well as several Ohio municipalities.

Lordstown Motors CEO Steve Burns said Thursday the company already received 20,000 pre-orders for the truck, essentially its entire planned production capacity for the year. The company has said it plans to produce 20,000 electric commercial trucks annually, starting in 2021, at the former GM Assembly Plant in Lordstown, Ohio. The startup, an offshoot of Burns’ other company, Workhorse Group, acquired the 6.2 million-square-foot factory last year. Workhorse holds a 10% stake in Lordstown Motors.

“As the pre-orders continue to come in, we are making plans to ramp up production to meet the demand and get the trucks on the road as quickly and as responsibly as possible,” Burns said.

The first trucks will be delivered in late summer 2021, the company said. That’s a short timeline for such a new company. However, Lordstown wasn’t starting at mile zero. Burns said that under its agreement with GM, the factory was left largely intact.

“We didn’t have to build a plant and populate it with robots — we just have to reconfigure this plant and that’s what we’re busy in here doing,” Burns said.

Lordstown Endurance electric truck

Image Credits: Lordstown Motors

The Endurance will start at $52,500, has an EPA estimated 250 miles of range and four in-hub electric motors, an important functional detail that should deliver different amounts of torque to each wheel as needed. It’s a system that might come in handy while off-roading or navigating a muddy work site. It’s also the truck’s biggest innovation, according to Burns.

“Our battery is, of course very important in a truck this size, but the big innovation is these hub motors,” Burns said during the event. “There are only four moving parts in the drivetrain of this vehicle and those are the four wheels. Just to put that in perspective, a modern-day four-wheel-drive pickup truck has thousands of moving parts — the pistons, the valves, the crank shaft, the differential, the gears, the driveshaft, the U joints, thousands of moving parts — and every moving part has to be lubricated and every moving part is a decrease in efficiency.”

The four-hub electric motor system that Lordstown has pursued strips out a lot of the complexity — which helps simplify and lower the cost of production — and provides a low center of gravity.

The vehicle also includes a few features designed for contractors, including an onboard power export to let an owner run power tools right from their truck without the need for a portable generator or leaving the truck running.

Comments

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio...

Leading VCs discuss how COVID-19 has impacted the world of digital health

In December 2019, Extra Crunch spoke to a group of investors leading the charge in health tech to discuss where they saw the most opportunity in the space leading into 2020 . At the time, respondents highlighted startups in digital therapeutics, telehealth and mental health that were improving medical practitioner efficiency or streamlining the distribution of care, amongst a variety of other digital health markets that were garnering the most attention. Where top VCs are investing in digital health In the months since, the COVID-19 crisis has debilitated national healthcare systems and the global economy. Weaknesses in healthcare systems have become clearer than ever, while startups and capital providers have struggled to operate while wide swaths of the market effectively shut down. Given significant volatility and the rapid changes seen in the worlds of healthcare, venture and startups broadly, we wanted to understand which inefficiencies might have been brought to light, w...

News-reading app Flipboard expands local coverage, including coronavirus updates, to 12 more U.S. metros

Earlier this year, personalized news aggregation app Flipboard expanded into local news . The feature brought local news, sports, real estate, weather, transportation news and more to 23 cities across the U.S. Today, Flipboard is bringing local news to 12 more U.S. metros and is adding critical coronavirus local coverage to all of the 35 supported locales. The 12 new metros include the following:  Baltimore, Charlotte, Cleveland, Detroit, Indianapolis, Nashville, Pittsburgh, Orlando, Raleigh, Salt Lake City, St. Louis, and Tampa Bay. They join the 23 cities that were already supported:  Atlanta, Austin, Boston, Chicago, Dallas, Denver, Houston, Las Vegas, Los Angeles, Miami, Minneapolis-St. Paul, New Orleans, New York City, Philadelphia, Phoenix, Portland, Sacramento, San Diego, San Francisco Bay Area, Seattle, Toronto, Vancouver and Washington, D.C. To offer local news in its app, Flipboard works with area partners, big and small, like The Plain Dealer’s Cleveland.com , ...