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RIDE Description — Lordstown Motors Corp

Lordstown Motors is an original equipment manufacturer of electric light duty vehicles focused on the commercial fleet market. Co. is engaged in developing its primary vehicle, the Endurance™, an electric full-size pickup truck. The Endurance has four electric in-wheel hub motors. Co. has a supply and licensing agreements with Elaphe Propulsion Technologies Ltd. to produce the initial batch of required hub motors. Each hub motor and inverter pair are controlled by a central supervisory powertrain controller that manages traction, slip and efficiency on an axial basis. Co. has developed its own proprietary powertrain controller software and algorithms using instantaneous torque control.

Company Name: 
Lordstown Motors Corp
Website: 
www.lordstownmotors.com
Sector: 
Auto Manufacturers
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Sell (1.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com

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