Lordstown Motors (RIDE) extended its rally Monday after announcing that Endurance production remains on track and preorders hit 50,000.

LORDSTOWN, Ohio, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, today announced recent commercial, operational and strategic developments, as it remains on track to begin production of the Lordstown Endurance, the world’s first full-size, all-electric pickup truck, in September 2021. With the completion of Lordstown Motors’ business combination and subsequent listing on...

Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today reported financial results for the third quarter ended September 30, 2020.

Once the source of much special purpose acquisition company (SPAC) hoopla and conjecture, electric vehicle truck Lordstown Motors (NASDAQ:RIDE) is now its own company with RIDE stock just days removed from its debut. Source: Alexandru Nika / Shutterstock.com Things are going pretty well. The electric truck maker had a market capitalization of $460 million on Oct. 29, its first day of trading. As of Nov. 3, that figure is up just north of $632 million. Backed by General Motors (NYSE:GM) and occ...

Why did Hyliion stock rise up 2.5% Wednesday while stock in commercial electric van maker (WKHS) (WKHS) dropped 8.2%? What’s more, shares of EV truck marker (RIDE) (RIDE) rose 5.4% Wednesday while shares of electric sport utility maker (FSR) (FSR) dropped 6.3%. The trading does make sense, sort of, if investors look at it over a longer time horizon, consider Wall Street sentiment, and parse the industry by end markets served by each EV company.

Brown Gibbons Lang & Company (BGL) is pleased to announce the merger of Lordstown Motors Corporation (Lordstown Motors), an original equipment manufacturer (OEM) of the world's first all-electric pickup truck serving the commercial fleet market, with DiamondPeak Holdings Corporation (DiamondPeak), a special purpose acquisition company (SPAC). BGL's Industrials team served as financial advisor to Lordstown Motors. The combined entity will trade on the NASDAQ exchange under the ticker symbol "RIDE...

Fisker stock rose in its debut Friday on the New York Stock Exchange as blank-check mergers continue to churn out electric car stocks.

Since reaching a peak in September, HYLN stock has tumbled 62% as allegations of fraud have circled its electric vehicle (EV) competitors. Now that it’s trading around $20, does Hyliion (NYSE:HLYN) stock represent a fantastic entry point into an innovative company? Or is it yet another fraud on a slow deathmarch to zero? Source: Shutterstock Hyliion, a startup developing an electric drive for Class 8 trucks, claims its technology will improve fuel efficiency anywhere from 10% to 30%. There’s ...

Lordstown Motors (NASDAQ:RIDE), housed in a former General Motors (NYSE:GM) assembly plant, has begun trading with a market capitalization of $460 million. RIDE stock opened Oct. 29 at about $14.50 per share. Source: Shutterstock GM is backing the start-up, which merged with a Special Purpose Acquisition Company (SPAC) called DiamondPeak to go public this week. It’s all part of a frenzy of electric-car financing, as investors continue to reject the old gas-powered giants and search for someon...

After its stock market debut, what’s next for Lordstown Motors (NASDAQ:RIDE) stock? When its merger deal was announced back in August, these shares, formerly known as DPHC stock, soared. They went from around $10 per share to as high as $31.80. Source: Shutterstock But, in the weeks since the stock reached that high, the “EV bubble” has taken a breather. RIDE stock, along with other names vying to become the next Tesla (NASDAQ:TSLA,) have headed lower. Development-stage EV companies like Lords...