Lordstown Motors Corp. stated in a securities filing that although it has struck vehicle-purchase agreements with feet-management companies, the agreements don’t represent binding purchase orders.The clarification on Thursday comes after the troubled electric truck startup’s president told reporters on Tuesday that the company had “pretty binding” preorders and enough interest from potential buyers to sustain factory output through the end of 2022.Shares were down roughly 1% on Thursday morning. The company’s stock increased after its president’s comments and closed Tuesday having gained 11.3%.The Ohio-based company stated in its filing that building relationships with specialized trucking and fleet-management companies to include its launching model, the Endurance, into their programs is an important sales and marketing strategy.
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