Lordstown delays launch of electric pickup by a quarter, citing supply-chain issues -Breaking
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© Reuters. FILE PHOTO: A Lordstown Motors signal is seen outdoors the Lordstown Meeting Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook dinner/File PhotographDETROIT (Reuters) – Lordstown Motors Corp on Thursday delayed subsequent 12 months’s launch of its Endurance electrical pickup truck by 1 / 4, citing elements and supplies shortages and different supply-chain points.
The Ohio-based electrical car startup stated it might now start manufacturing and deliveries within the third quarter of 2022, relatively than the second quarter it had forecast in August.
“This can be a modest delay from earlier expectations as element and materials shortages, together with different provide chain challenges, stay a difficulty for Lordstown Motors simply as they’re for the business at massive,” Chief Government Daniel Ninivaggi stated in a press release.
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