Electric cars have seen demand soaring over the past few years, with more people dumping IC engine vehicles. This has led many companies to try to capitalize on the rising demand for electric vehicles.
Lordstown Motors Corp. (RIDE) develops, manufactures, and sells light-duty work vehicles. It is a light-duty original equipment manufacturer (OEM) focused solely on EVs for commercial fleet customers. Its flagship vehicle is Endurance, an electric full-size pickup truck for fleet customers.
