"We are trying to make it different than it's ever been there," he said.Lordstown Motors plans to build for commercial customers, including municipalities and utility companies in need of fleet vehicles. But local leaders are encouraging the community to get behind Lordstown Motors — and the battery-cell manufacturing site that GM has promised elsewhere in the area — so the valley can remain central to the auto industry's future.“Lordstown Motors, along with GM’s planned battery factory in the area and other start-ups, are positioning Northeast Ohio as a hub for technology, which completely reshapes the future trajectory of the whole Mahoning Valley,” Youngstown State University President Jim Tressel said in a statement. A bipartisan group of Ohio lawmakers wrote Brouillette last week offering “strong support” for the loan, saying northeast Ohio was dealt a “severe blow” by the plant closing.

"He's hoping Lordstown Motors' presence will attract electric-vehicle suppliers to the area and maybe even to the complex itself. Under Lordstown Motors, company CEO and founder Steve Burns wants the complex to be "an electric epicenter of the Midwest. There's a motor at each wheel, with no transmission or axles. Production will start with a full-size pickup with a mid-size pickup to follow, and after that, a commercial, industrial utility vehicle. The company is working to raise additional funding and is in advanced talks with a large strategic investor, Burns said. In November 2019, Lordstown Motors bought GM’s Lordstown plant, giving the company its name. UAW Local 1112 President Tim O’Hara, who represents GM Lordstown employees and worked at the complex for 41 years, said Thursday, "Nothing will replace the 5,000 actual jobs associated with the GM plant and the thousands of spinoff jobs. Lordstown Motors is …

We don’t want a handout - we want a loan,” Burns told Reuters in an interview. GM's 48,000 UAW members ratified a new contract on Oct. 25, ending a 40-day strike against the automaker.A top issue for the union was job security after GM decided in November 2018 to eventually close Lordstown and three other U.S. plants.

The company is less than a year old. Workhorse owns 10% of Lordstown Motors, which is gearing up to launch an electric pickup to rival Nikola's. REUTERS/Alan Freed/File Photo Lordstown Motors IPO: the Business. Burns is the also the founder and former CEO of Workhorse Group, an electric delivery and utility vehicle manufacturer. GM last year agreed to loan Lordstown Motors $40 million to acquire and retool the plant. Lordstown Motors had to wait to complete the purchase of the complex until GM finished negotiations with the UAW. Workhorse Group Inc., which owns a small stake in Lordstown Motors, rose as much as 5.7 percent, and Nikola shares were up as much as 6.3 percent.

Lordstown Motors CEO Steve Burns explains in an interview with The Verge how and why his company is taking over GM’s former factory in Lordstown, Ohio, … Detroit-Hamtramck Assembly, which had been targeted to close, will remain open; instead, a parts processing center in Fontana, California, will go dark. “We think we are worthy of government help. The two entities also share intellectual property related to electric drive systems.

Workhorse will transfer 6,000 existing pre-orders for its"We expect to do a lot with Workhorse just as sister companies," Burns said.The Endurance is designed to be the first production vehicle that utilizes a four-wheel drive hub-motor system, which reduces the number of moving parts. The company plans to start production of its pickup in late 2020 and will initially hire 400 workers. Steve Burns founded Lordstown Motors in 2019.

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