America's TRUCK OF THE FUTURE Was a Failure

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Quickshift Cars

Quickshift Cars

8 ай бұрын

Lordstown Motors had high hopes for their all-electric Endurance pickup truck. It was poised to compete with the Ford F-150 Lightning, and came packing a cutting-edge hub motor drivetrain. But after years of production delays and scandals, the Lordstown Endurance ended up as a flop. Why?
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Пікірлер: 25
@craigm2484
@craigm2484 8 ай бұрын
With a name like Hindenburg well that fire seemed appropriate .
@D45VR
@D45VR 5 ай бұрын
'the humanity!!!...'
@craigm2484
@craigm2484 5 ай бұрын
@@D45VR 😂 I know I shouldn't laugh but it's been a long day . I hope Christmas went well for You ! 👍🏼
@melvincoleman8008
@melvincoleman8008 8 ай бұрын
That's a nice shift from your normal reporting. Keep that up and we will get you to 100K subscribers. But, don't give up your KITCAR roots. We still need that too.
@RedLP5000S
@RedLP5000S 8 ай бұрын
I've never heard of this firm. Thankfully so. When you start a company upon lies and impossible promises, this is the inevitable result. They got what they deserved. Great video.✌🏻
@superrookie1554
@superrookie1554 8 ай бұрын
Explains the empty parking lot when I was driving by the factory
@m4rvinmartian
@m4rvinmartian 8 ай бұрын
*14:45** Call me weird, but I prefer the most expensive part of the vehicle to be high up, safe, unable to be stolen in a few hours in Chicago.*
@brianbayowski9265
@brianbayowski9265 8 ай бұрын
Steve Burns buys Lordstown Motors "assets" for 10 million, shareholders get the "shaft". THIS IS HOW THE STORY ENDS. 😵
@iteerrex8166
@iteerrex8166 8 ай бұрын
Nice in depth report 👍. Kinda like a ColdFusion video.
@craigm2484
@craigm2484 8 ай бұрын
Listen EV will NOT work out any time in the near future !
@m4rvinmartian
@m4rvinmartian 8 ай бұрын
*8:00** Wait! Forensic accounting doesn't sound sexy? Dammit, why did I take it then!!!*
@Derpy1969
@Derpy1969 7 ай бұрын
The number of pre-orders was completely irrelevant. Lordstown simply ran out of money. And their truck cost more to build than it made on a sale.
@QuickshiftCars
@QuickshiftCars 7 ай бұрын
That's pretty normal for a startup- Rivian still loses ~$30k on every truck even today. The preorders were seen as a metric of demand, which is needed to create the volume for any sort of positive gross margin.
@user-hc9qv9yb9m
@user-hc9qv9yb9m 8 ай бұрын
Better off just making drivetrains
@djjohnson5580
@djjohnson5580 8 ай бұрын
Nope I won’t buy it
@someonecalledeulogio2280
@someonecalledeulogio2280 8 ай бұрын
Where rivian
@CathodeRayNipplez
@CathodeRayNipplez 8 ай бұрын
Pity it didn't work out.
@mxux
@mxux 7 ай бұрын
Who are these guys - why this video? So out of place for their content- and expertise? This BEV demand was also stated by Ford for the Lightning - basically the same numbers - you have to realize that there were no BEV pick up trucks at this time - no research in the subject - Burns was on the bleeding edge breaking new ground - nobody knew anything - demand for BEV fleets is still there - they are rationed trucks to 50% of previous orders - duh - not sure what the motivation here is - makes no sense - FOXCON was using LMC staff to produce the Endurance - they had no BEV skills at all - deeply flawed report - not accurate IMO - BTW the Endurance was nominated for Truck of the Year - came in second - the truck is a sleeper - sports car with a truck body - BTW Burbs has purchased LMC IP and Assets...
@QuickshiftCars
@QuickshiftCars 7 ай бұрын
Based on your comment and uploads, I'm going to guess you lost a lot of money investing in Lordstown. My condolences.
@simonthedog7980
@simonthedog7980 7 ай бұрын
Mxux, Aren’t you the guy that advised your followers that Foxconn needed LMC and that your followers should invest in RIDE? When I look at some of your older videos it’s amazing how wrong you were about so many things regarding Lordstown Motors and the Endurance. That’s probably the reason they attract so few views.
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