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Startups Like Lordstown Wanted To Upend The Car Industry. It's Now Do Or Die For Them

By June 18, 2021 Add Comment Edit
Lordstown Motors shows off a model of its electric pickup truck, Endurance, in Lordstown, Ohio, on June 25, 2020. The auto maker is under pressure after saying it was running out of cash, raising questions about the future of the crop of startups that have entered the industry.

The electric vehicle startup had a string of terrible news, capped by the abrupt departure of its CEO. Its troubles are raising questions about the startups that have entered the auto industry.

(Image credit: Tony Dejak/AP)


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