Electric vehicle start-up Lordstown Motors on the verge of bankruptcy, new SEC filing reveals – UPDATE: CEO and CFO resign

UPDATE, 15 June 2021: Lordstown Motors' top two executives – CEO Steve Burns and CFO Julio Rodriguez – have resigned, the embattled company revealed overnight. Existing Director Angela Strand will reportedly stand in as executive chairwoman until a permanent CEO is appointed Meanwhile, Becky Roof – who, according to Linkedin, is the managing director of consultancy firm AlixPartners – will serve as interim CFO.

Komentar

Posting Komentar

Postingan populer dari blog ini

Teacher accused of using rented Toyota Supra for land-speed record attempt

Gambar
A high-school teacher in the US could be more than $6000 out of pocket if he is found to have violated the terms of use of a rented Toyota Supra driven to a top speed record. A US high school teacher is facing legal action – and $US4000 ($AU6000) in costs – after being accused of renting a turbocharged Toyota Supra performance coupe from a car-sharing service and used the vehicle in a racing competition without the owner’s knowledge. The high-school teacher from Indiana – and his team of female mechanic students – were on their way to compete in the 2023 U.S. Mile land-speed trials in Texas last month. The girls and their teacher had built a high-performance Chevrolet S10 pick-up for the ‘Texas Mile’ – a competition which sees vehicles try to achieve the highest possible speed from a standing start within one-mile (1.6km) on a runway. However, the 1997 Chevrolet S-10 ute suffered a mechanical failure on the way to the event. Due to the hard work put in to make the 1800km j...
Baca selengkapnya

2023 Toyota HiLux GR Sport imagined with this artist impression

Gambar
The new flagship of the Toyota HiLux range was caught on camera in Thailand late last year wearing little disguise. Now we have created an artist impression of what it could look like. Last month we got our first look at a camouflaged version of the 2023 Toyota HiLux GR Sport , the flagship ute set to replace the range-topping Toyota HiLux Rugged X in Australian showrooms later this year. Now we have an artist impression of the 2023 Toyota HiLux GR Sport (pictured above) that aims to remove some of the camouflage of the test vehicle caught on camera in Thailand mid-December 2022. As previously reported, although other versions of the Toyota HiLux GR Sport have been launched in Europe, South Africa and Japan over the past year or so, the 2023 edition appears to be the most aggressive yet. The latest Toyota HiLux GR Sport is set to come to Australia for the first time, though timing of the international unveiling and showroom arrivals are yet to be announced. A series ...
Baca selengkapnya

2023 LDV T60 Max price and specs: Prices up by more than $4000

Gambar
The LDV T60 has been hit with its second major price rise in 12 months to account for new equipment – but the ute still lacks key advanced safety tech. 2023 LDV T60 Max pricing and specifications New equipment for Pro and Luxe grades Only top 10 dual-cab ute without auto emergency braking Priced from $38,990 drive-away for ABN holders 2023 LDV T60 Max Luxe The updated 2023 LDV T60 Max has arrived in Australia with a $4000 price rise and some equipment upgrades – but it still lacks advanced safety technology which is standard in its rivals. LDV Australia has announced the T60 Max 4×4 ute has undergone a handful of tweaks for 2023 after its major facelift (and $5000 price hike) last year – resulting in a price increase of $4000 across the range for buyers with an ABN. But Australia’s ninth best-selling ute continues to forgo advanced safety tech such as forward collision warning, blind-spot monitoring and autonomous emergency braking – making the T60 the the only du...
Baca selengkapnya