News & ReviewsLast 7 days
CarAdvice

lordstown

  1. Home
  2. Tag
  3. lordstown
Electric start-up Lordstown Motors to be listed on stock exchange at $2.25 billion
News
5th Aug 2020
1 min read

Electric start-up Lordstown Motors to be listed on stock exchange at $2.25 billion

Lordstown Motors is set to go public, with the American electric pick-up start-up to be listed on the Nasdaq stock market in late 2020. Following the success stories of rivals Nikola, Rivian, Fisker, and Tesla, Lordstown is expected to be listed at an initial valuation of $US1.6 billion ($AU2.25 billion) thanks to a merger deal with DiamondPeak Holdings.
Profile picture of Ben Zachariah
Ben Zachariah
No more articles