Tag: electric truck manufacturing

Industries, Manufacturing

Why This Lordstown Motors Analyst Sees 66% Downside In EV Stock

October 5, 2021

Via: Markets Insider

Struggling electric truck manufacturer Lordstown Motors Corp. (NASDAQ:RIDE) recently announced its decision to sell its Ohio plant to Taiwanese contract manufacturer Hon Hai Precision Industry Co., Ltd. (OTC:HNHPF). The Lordstown Analyst: Morgan Stanley analyst Adam Jonas downgraded Lordstown shares from […]

Industries, Manufacturing

General Motors takes 11 percent stake and $2 billion in equity in electric truck maker Nikola

September 8, 2020

Via: NBC News

General Motors is taking an 11 percent stake in electric truck maker Nikola, agreeing to build its hydrogen fuel cell electric pickup truck the Badger by the end of 2022. Nikola’s shares surged by about 45 percent in premarket trading, […]