The electric pickup could roll off the assembly line in the third quarter and begin deliveries in the fourth quarter
The company sold its factory to Foxconn, who will use it to build the Endurance under contract
Both companies have begun work on a future model
Lordstown Motors says it is still on track to begin the production of its first model, the Endurance electric pickup, by the end of 2022.
According to the company’s plans, the truck could begin rolling off the assembly line in the third quarter of the year, which means at some point between now and the end of next month.
If this goal is achieved, the first customers could receive their vehicle in the last three months of 2022.
Since Lordstown Motors sold its factory in Lordstown Ohio to Foxconn late last year, the Endurance will be built under contract by Foxconn. This move is unconventional in the automotive industry but it gave Lordstown Motors the capital it needed to complete the development of the truck.
In addition to working together on the production of the Endurance, Lordstown Motors and Foxconn are reportedly already working on a new model to be developed jointly.
Few technical details are known about the truck as of now, but the company confirmed it will be powered by four electric motors that will be located in each of the wheel hubs instead of the axles.
In addition, the automaker said to expect the Endurance to deliver around 600 horsepower, have a range of 250 miles (402 kilometres) and be able to tow up to 6,000 pounds.
This is more powerful than some of its competitors, but most of them can tow heavier loads so this specification might be revised before the vehicle is ready to reach its buyers.
Lordstown Motors also says that the base price for this truck should be around $52,000 in the United States, but it hasn’t announced a price for Canada just yet.