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  4. Lordstown has 'binding orders' for first two years of truck production - president
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Lordstown has 'binding orders' for first two years of truck production - president

DETROIT (Reuters) - Lordstown Motors Corp has orders for the first two years of production of its electric pickup truck and those are "firm" and "binding," the startup's...
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Lordstown has 'binding orders' for first two years of truck production - president © Reuters. FILE PHOTO: A sign welcomes visitors to the General Motors Lordstown Complex, assembly plant in Warren, Ohio, U.S., November 26, 2018. REUTERS/Alan Freed

DETROIT (Reuters) - Lordstown Motors Corp has orders for the first two years of production of its electric pickup truck and those are "firm" and "binding," the startup's president said on Tuesday.

"Currently we have enough orders for production for '21 and '22," President Rich Schmidt said at an Automotive Press Association event in Detroit. "Those are firm orders we have for those two years. They are basically binding orders that are committed here in the last two weeks, reconfirmed orders."

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01-05-2024 10:45:17 (UTC+7)

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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