Lordstown Motors (RIDE) Endurance EV pickup sales began in Q4, with the company selling not one, not two, but three vehicles in the fourth quarter of 2022. Although Lordstown beat the Tesla Cybertruck to market, the EV startup faces more financial woes with widening losses in Q4 and an ongoing production halt.
Meanwhile, Lordstown says it’s progressing on a new EV program with Foxconn.
Endurance EV truck sales begin in Q4
With the first three Endurance sales under its belt, Lordstown has crossed an important milestone, but the EV maker still has a long road ahead of it.
Founded in 2018, Lordstown has faced a series of hurdles to get to this point. After nearly running out of money several times, and the company’s CEO and CFO abruptly resigned in 2021, the fate of the Endurance electric pickup was up in the air.
Taiwanese electronics manufacturer Foxconn threw the company a life raft, buying its Ohio plant later that year. Foxconn has stepped in multiple times since to help the young EV maker since then.
After announcing it would need at least $50 to $75 million last August to ramp Endurance EV production and continue operations, Foxconn invested another $70 million to revamp the program.
Despite the cash injections, Lordstown is still facing issues getting its electric truck into customers’ hands. The company halted Endurance vehicle production last month amid a voluntary recall after finally beginning Endurance pickup sales in the fourth quarter.
On its Q4 earnings Monday, Lordstown said it’s still working to resolve the issue, with additional updates expected soon.
Lordstown Endurance electric truck (Source: Lordstown)
Lordstown Q4 2022 earnings highlights
Although Lordstown said the first batch of 500 Endurance EV trucks was leaving its Ohio plant in November, the company claims 40 of them have been completed or are in process, selling three EVs in Q4 and a total of six through February 2023.
Lordstown also said, “e now have line of sight to the resolution of the issues” and expect to announce in the “coming weeks” when it will resume production and EV deliveries.
Meanwhile, Foxconn continued throwing money at the EV startup, investing up to another $170 million with an initial $52 million funded.
Revenue reached $194,000 in Q4, while Lordstown’s net loss rose to $102 million. Lordstown ended the year with $221.7 million in cash and equivalents. The company expects to end the first quarter with $150 million to $170 million in funds, not including additional investments from Foxconn.
Of the $50 million Foxconn investment, $30 million is being put toward a new EV program, including an electric vehicle and platform.
Lordstown said, “the next platform and vehicle program are key” to the company’s long-term strategy and are becoming more of a focus.
Lordstown (RIDE) stock is down today as investors had hoped to hear better news on the production front.
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Just days after Chevrolet beat the mighty Ford Mustang GTD’s Nürburgring track record with their Corvette ZR1 and ZR1X, Ford went back to the ‘Ring to reclaim some glory. They didn’t bring a Mustang along, though – they showed up with an electric van, and record-setting hot shoe Romain Dumas behind the wheel.
* it’s not your typical van. It’s a SuperVan.
Ford took back a fair bit of Chevy’s headline-grabbing glory this week when LeMans-winning driver Romain Dumas lapped the 12.9 mile Green Hell in just 6 minutes and 48.393 seconds – a blazing performance that makes the 2000 hp Ford SuperVan 4.2 the ninth fastest car to ever blast around the storied German racetrack.
Dumas is no stranger to the Nürburgring’s Nordschleife. He was first overall at the 2007 24 hour race there. He also holds the outright Nürburgring track record for EVs, which he set back in 2019 behind the wheel of the Volkswagen ID.R, completing the circuit in 6 minutes and 05.336 driving the Volkswagen ID.R.
Take my advice, GM: it’s time to drag Warren Mosler back home from the Virgin Islands, figure out where Rod Trenne’s hiding, and get them to build you a proper, 900 kg electric ‘Vette. Y’all let me know if you need help setting that up.
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EV drivers who use the Pennsylvania Turnpike just got a jolt of good news: Two Applegreen DC fast charging stations have come online, adding to the growing network of over 60 EV chargers along the 360-mile toll road that links Pittsburgh, Harrisburg, and Philadelphia.
The new 400 kW Applegreen Electric charging stations are at the PA Turnpike’s North Somerset (MP 112.3 westbound) and South Somerset (MP 112.3 eastbound) Service Plazas. Each site includes two DC fast chargers for a total of four charging ports, with two NACS and two CCS plugs at each service plaza. The PA Turnpike says the sites are equipped to be expanded.
The Pennsylvania Turnpike plugged in its first EV charger in April 2014. A decade later, more than 60 charging stations are online at eight of its service plazas, giving EV drivers a reliable boost across the state. And thanks to a new partnership with Applegreen Electric, 80 new universal EV chargers are on the way. By 2027, all 17 service plazas will feature DC fast chargers.
“We are pleased to offer our EV customers convenient access to the latest, fastest technology – without leaving the PA Turnpike,” said Director of Facilities Operations Keith Jack.
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The EV chargers at North Somerset and South Somerset, along with an EV charger at the Hickory Run Service Plaza scheduled to open this fall, were funded with grants from the Pennsylvania Department of Environmental Protection’s Driving PA Forward program. The chargers at nine service plazas scheduled to open in 2027 are being funded through grants from the Biden administration’s federal National Electric Vehicle Infrastructure (NEVI) program.
Applegreen Electric chief executive Eugene Moore noted that the PA Turnpike’s fast charger rollout “marks a key step in building a connected corridor with Pennsylvania as a vital part of the seamless network that now spans New Jersey, New York, Connecticut, and Delaware. With more to come soon in Ohio and Massachusetts, we’re accelerating the rollout of reliable, accessible EV infrastructure across the region.”
Applegreen is deploying fast chargers on the New Jersey Turnpike, with which it now has an exclusive agreement – it’s taking over from Tesla.
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Toyota’s new electric SUV boasts significantly more range, a revamped interior and exterior, and an NACS port, allowing you to recharge at Tesla Superchargers. Despite the upgrades, the 2026 Toyota bZ now starts at under $35,000.
2026 Toyota bZ electric SUV prices and range by trim
The bZ4X, Toyota’s first electric SUV, has been killed off and replaced with the upgraded bZ. Toyota improved it in almost every way possible for the 2026 model year, adding driving range, more features, a fresh new look, and more.
Even with the upgrades, the new and improved Toyota bZ is cheaper than the outgoing bZ4X. Toyota revealed prices for the 2026 bZ electric SUV will start at $34,900, or $2,170 less than the outgoing model.
That’s for the base XLE FWD trim with a 57.7 kWh battery, good for 236 miles range. Upgrading to the extended-range bZ XLE FWD Plus will cost $37,900, but a larger 74.7 kWh battery provides up to 314 miles of driving range, representing a 25% improvement over the 2025 model year.
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2026 Toyota bZ electric SUV (Source: Toyota)
For AWD, prices start at $39,900. Thanks to new SIC semiconductors, AWD models now pack up to 388 hp, 50% more than the outgoing electric SUV.
The range-topping 2026 Toyota bZ Limited FWD trim starts at $43,300, while upgrading to AWD will cost you an extra $2,000.
2026 Toyota bZ trim
Battery
Range
Starting Price*
XLE FWD
57.7 kWh
236 miles
$34,900
XLE FWD Plus
74.7 kWh
314 miles
$37,900
XLE AWD
74.7 kWh
288 miles
$39,900
Limited FWD
74.7 kWh
299 miles
$43,300
Limited AWD
74.7 kWh
278 miles
$45,300
2026 Toyota bZ prices and range by trim (*excluding $1,450 DPH fee)
Toyota’s new electric SUV now features a built-in NACS port, allowing you to recharge at Tesla Superchargers. With a new thermal management system and battery preconditioning, the bZ can charge from 10% to 80% in about 30 minutes.
The new electric SUV features a fresh look both inside and out. Like the latest Camry and Crown, the bZ features Toyota’s new “hammerhead front end design” with an LED light bar across the front.
The interior of the 2026 Toyota bZ (Source: Toyota)
Inside, the 2026 bZ gets a redesigned center console and a larger 14″ Toyota Audio Multimedia touchscreen, two wireless phone chargers, and an improved dashboard.
Toyota said dropping the “4X” at the end of the name was to simplify things for buyers. The 2026 models are expected to begin arriving at dealerships in the second half of 2025, which could be any day now.
With the 2026 model year arriving soon, Toyota is offering clearance prices on the 2025 bZ4X with up to $12,000 off in lease cash. You can use our link to find Toyota bZ4X models in your area (trusted affiliate link).
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