Lordstown Motors Demonstrates Capabilities of the Lordstown Endurance at the Northeast Chapter of the American Association of Airport Executives’ 2021 Annual Conference in Burlington, VT
August 20 2021 - 7:30AM
Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a
leader in electric light duty trucks focused on the commercial
fleet market, demonstrated the capabilities of the Lordstown
Endurance at the Northeast Chapter of the American Association of
Airport Executives’ (NEC/AAAE) Annual Conference this week, hosted
by the Burlington Airport in Burlington, VT. The American
Association of Airport Executives is the world’s largest
professional organization for airport executives, representing
thousands of airport management personnel at approximately 850
airports and hundreds of companies and organizations that support
airports.
The show, which ran from August 15-17 and was
attended by members of the NEC/AAAE, including airport executives
and those responsible for making fleet vehicle purchase decisions,
provides exhibitors with the opportunity to showcase the latest
technology and offerings that today’s airports want and need. The
Endurance was the only EV pickup truck at the show.
“As more airports sharpen their focus on
reducing emissions and transitioning their on-ground equipment to
electric, they need a reliable EV truck option that can be
seamlessly integrated into their existing fleet,” said Cynthia
Maves, Lordstown Motors Interim Head of Sales. “The Endurance was
quite popular in Burlington, drawing the attention of decision
makers from airports nationwide. Our truck is our greatest asset,
so anytime we can get it in front of the decision makers, it more
than speaks for itself, proving why it’s an essential addition for
fleets of all varieties.”
The stop was a continuation of Lordstown Motors’
ongoing commitment to showcasing the Endurance across the nation,
nurturing relationships with current prospective and future
customers at trade shows and customer events targeting fleet owners
and fleet management companies.
Later this month, Lordstown Motors heads to the
NAFA Institute & Expo in Pittsburgh, PA from August 30 -
September 1 to get the Endurance in front of a largely new
audience. The NAFA I&E is billed as “the premier professional
development and networking event that brings together fleet
professionals from across North America in every segment including
corporate, government, public safety, utility, education and more.”
NAFA is the world’s premier not-for-profit association for
professionals who manage fleets of sedans, law enforcement
vehicles, trucks, buses, as well as a wide range of military and
off-road equipment for organizations.
About Lordstown Motors
Corp.Lordstown Motors is an Ohio-based original equipment
manufacturer of light duty fleet vehicles created with the purpose
of transforming Ohio's Mahoning Valley and Lordstown, Ohio into the
epicenter of electric-vehicle manufacturing. The company owns the
640 acre, 6.2 million square foot Lordstown Assembly Plant where it
plans to build the Lordstown Endurance, believed to be the world's
first full-size, all-electric pickup truck designed to serve the
commercial fleet market. For additional information visit
www.lordstownmotors.com.
Forward Looking StatementsThis
press release includes forward-looking statements. These statements
are made under the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These statements may be
identified by words such as “feel,” “believes,” expects,”
“estimates,” “projects,” “intends,” “should,” “is to be,” or the
negative of such terms, or other comparable terminology.
Forward-looking statements are statements that are not historical
facts. Such forward-looking statements are not guarantees of future
performance and are subject to risks and uncertainties, which could
cause actual results to differ materially from the forward-looking
statements contained herein due to many factors, including, but not
limited to: our limited operating history and our significant
projected funding needs; risks associated with the conversion and
retooling of our facility and ramp up of production; our inability
to obtain binding purchase orders from customers and potential
customers’ inability to integrate our electric vehicles into their
existing fleets; our inability to retain key personnel and to hire
additional personnel; competition in the electric pickup truck
market; our inability to develop a sales distribution network; and
the ability to protect our intellectual property rights. Any
forward-looking statements speak only as of the date on which they
are made, and Lordstown Motors undertakes no obligation to update
any forward-looking statement to reflect events or circumstances
after the date of this press release.
Contacts
InvestorsCarter
DriscolllordstownIR@icrinc.com
MediaRyan
Hallettlordstownmotors@ottoandfriends.com
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