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12 Aug
16:39

Lordstown losses deepen in Q2, 'limited' production coming in September

Lordstown Motors recorded a net loss in the second quarter, though the company says it plants to start “limited” vehicle production late next month, Kallanish reports.  The company lost $108 million during the quarter, with no sales as of yet. In Q2 2020, the company lost about $8m.  “In the second quarter, we continued to make great strides towards our objective of delivering a revolutionary electric pickup truck,” says executiv…
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