PRESS RELEASE

Lordstown Gets EPA OK, Begins Deliveries

November 30, 2022

Lordstown joins Nikola in beating Tesla to market, with full EPA homologation granted and customer deliveries underway!

After an incredibly rocky start spanning two incorporations and three US presidents, production of the hub-motored Endurance electric pickup truck is finally underway. And, with EPA and CARB certificates adding legitimacy to the new, Foxconn-backed pickup, it seems like there’s only upside from here – assuming that the truck lives up to its promises, that is.

While we wait and see about that, you can check out the official press release, below, then let us know what you think of the company’s prospects in the comments section at the bottom of the page.

Lordstown Endurance™ Pickup Truck Achieves Full Homologation; EPA and CARB Certification Received; First Customer Vehicles Leaving Foxconn EV Ohio Plant for Delivery

LORDSTOWN, OHIO – Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors” or the “Company”), an original equipment manufacturer (“OEM”) of electric light duty vehicles focused on the commercial fleet market, today announced:

Lordstown Endurance^TM full-size battery-electric pickup truck has achieved full homologation, a key condition to start sales
EPA and CARB certification has been received
FMVSS crash and non-crash testing successfully completed
First customer vehicles leaving the Foxconn EV Ohio plant for delivery
Endurance^TM advanced to finalist in the North American Truck of the Year competition

Lordstown Executive Commentary

Lordstown Motors is pleased to announce that our Endurance^TM full-size battery electric pickup truck has achieved full homologation. Certification has been received from both the EPA and CARB. These were the key conditions to start customer sales. The first units, of our initial batch of 500, are leaving the Foxconn EV Ohio plant for customer delivery. As disclosed earlier, production volume will ramp slowly and accelerate as we resolve supply chain constraints.

“I am very proud of the Lordstown Motors and Foxconn EV Ohio team for their hard work, grit, and tenacity in achieving this milestone. We are very excited to start delivering vehicles to our commercial fleet customers. The Endurance^TM will provide benefits to customers that use their vehicles for work. It optimizes key attributes of traction and maneuverability – with our in-wheel hub motors, safety – with our five-star crash performance, and value in the segment,” said Edward Hightower, Lordstown CEO and President.

We are also excited to have advanced as a finalist in the North American Truck of the Year competition. We look forward to the judges’ announcement of the winner in January.