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Sunday, 11 July 2021

LORDSTOWN MOTORS - IN TROUBLE?

For drivers on I-80 in Northeast Ohio, the giant manufacturing complex in Lordstown is a landmark, the place where General Motors spent decades making cars like the Chevrolet Cavalier.

GM stopped producing vehicles there in 2019, the latest of many blows to an industrial region anchored by Youngstown and Warren, Ohio. The pain of losing the plant might have been much worse, if not for a promising new business that stepped up to occupy the plant: Lordstown Motors, a start-up that was developing an all-electric pickup. The new company leaned into the idea that a region known for making steel and cars could be reborn as a hub of the clean energy economy.

President Donald Trump was one of many elected officials who praised Lordstown Motors as part of a bright future for Northeast Ohio. “Beyond the plant, it’s incredible what’s happened in the area,” Trump said at a 2020 event at the White House with Lordstown Motors executives and a prototype of the new truck. “It’s booming now. It’s absolutely booming.”

But now there is mounting evidence that the company’s executives exaggerated some of the claims that fueled such optimism - link - picture link

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