Durre, the lawsuit states, was offered the director of software job at Lordstown Motors on Aug. 1 and put into the company’s payroll system on Aug. 3. He informed Karma of his intent to leave on ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, ...

LORDSTOWN — Lordstown Motors Corp. has agreed to pay $40 million to Karma Automotive LLC to settle a lawsuit that claims Lordstown Motors stole trade secrets and plundered employees from the ...

According to its website, Lordstown is an automotive company founded for the purpose of developing and manufacturing light duty electric trucks targeted for sale to fleet customers. The Company ...

Lordstown Motors was once in the race to build America’s first EV pickup truck. After vehicle fires, short seller reports and recalls, the company turned to a reverse stock split to avoid filing ...

Lordstown Motors, a company that was lauded by Donald Trump, went bankrupt in 2023 while Fisker filed for its protection ...

Nikola filed for bankruptcy protection after failing to secure the necessary capital to sustain its operations and continue ...

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The company has been investigating many corporations ... One year later, a Hindenburg Research investigation revealed that Lordstown Motors had faked preorders of its all-electric Endurance ...

The short-selling investment company behind the exposés that took down Nikola and Lordstown Motors has another automotive target in its sights. Hindenburg Research has just released a scathing ...

The drive units are made by Elaphe, a Slovenian company. Elaphe was also a supplier of in-wheel motors for Lordstown Motors. In-wheel electric motors have a huge advantage over conventional drive ...