Lordstown Motors (RIDE) has officially gone public through a reverse merger and now people are betting on the startup delivering an electric pickup truck with in-wheel hub motors.

It’s a technology that has never been implemented in a passenger electric vehicle for consumers before.


Recently, we have seen a number of companies in the electric vehicle industry looking into going public by acquiring a special purpose acquisition company or SPAC, which is a holding company already traded publicly for the purpose of doing a reverse merger with a private company.

Lordstown Motors is one of them.

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Lordstown Goes Public Banking On In Wheel Hub Motor Technology

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