The story
Founded by Steve Burns in 2018.1
RIDE on NASDAQ
Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3
American electric vehicle manufacturer
Nu Ride Inc., formerly Lordstown Motors Corporation, is an American electric vehicle automaker located in Lordstown, Ohio. The company was based at the Lordstown Assembly plant, previously a General Motors factory. Lordstown Motors was known for its Lordstown Endurance electric pickup truck.2 It was founded by Steve Burns.1 It ceased to exist in 2023.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
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Nu Ride Inc., formerly Lordstown Motors Corporation, is an American electric vehicle automaker located in Lordstown, Ohio. The company was based at the Lordstown Assembly plant, previously a General Motors factory. Lordstown Motors was known for its Lordstown Endurance electric pickup truck. In March 2024, the company emerged from its September 2023 bankruptcy restructuring as Nu Ride Inc., headquartered in New York City.2
Founded by Steve Burns in 2018.1
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The Lordstown Endurance was an in-production all-wheel-drive (AWD), electric pickup truck. Its design includes independent wheel hub motors on all four wheels. The AWD hub motor system aims to reduce the number of moving parts by eschewing wheel axles and transmissions. In 2019, the truck was expected to be released in the US market by late 2020, at a price of US$52,500. In November 2020, the release date was delayed, pushing the first deliveries back to September 2021, with production ramping up through 2022.
By October 2021, the announced production date for the Endurance had been delayed until no earlier than April 2022, following the September news that the Lordstown auto plant would be sold to Foxconn and that Foxconn would become the contract manufacturer of the Endurance.
In October 2021, Foxconn unveiled three new prototype vehicles: the Model C SUV scheduled to go on sale in 2023 in Taiwan, an electric bus that was planned to be tested in select cities in 2022, and a new electric sedan.
On August 4, 2022, the company admitted to further production delays for the Endurance, citing they would need to raise "substantially more capital" to produce the initial goal of 500 vehicles.
Lordstown Motors launched production of its Endurance pickup truck in the third quarter of 2022. In February 2023, the company issued a recall and halted production of the vehicle to address an electrical-connection issue that could lead to a loss of propulsion while driving.
In June 2023, Lordstown Motors would end the production of the Endurance and sold the project in September 2023, following their dispute with partner Foxconn and filing for Chapter 11 Bankruptcy.
From Wikipedia’s article on Nu Ride Inc., shared under CC BY-SA 4.0.4
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