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RIDE - Lordstown Motors News Story

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Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.28bn
Enterprise Value £855.9m
Revenue £n/a
Position in Universe 2390th / 6938

Lordstown Motors Announces Timing of First Quarter 2021 Financial Results and Webcast

Tue 4th May, 2021 9:15pm
For best results when printing this announcement, please click on link below:
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LORDSTOWN, Ohio, May 04, 2021 (GLOBE NEWSWIRE) -- Lordstown Motors Corp.
(Nasdaq: RIDE), (“Lordstown Motors”), a leader in electric light duty
trucks focused on the commercial fleet market, today announced that it will
release its first quarter 2021 financial results before market open on May 17,
2021. The company will then host a conference call at 10:00 a.m. Eastern Time.

The call can be accessed via a live webcast accessible on the Events page of
Lordstown Motors’ Investor Relations website at
https://investor.lordstownmotors.com/. An archive of the webcast will be
available shortly after the call.

About Lordstown Motors Corp.
Lordstown Motors Corp. is an Ohio-based original equipment manufacturer of
light duty fleet vehicles, founded by CEO Steve Burns with the purpose of
transforming Ohio's Mahoning Valley and Lordstown, Ohio, into the epicenter of
electric-vehicle manufacturing. The company owns the 785 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 Statements
This 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 Corp. undertakes no obligation to update any
forward-looking statement to reflect events or circumstances after the date of
this press release.

Contacts:

Investors
Carter Driscoll
lordstownIR@icrinc.com  

Media
Ryan Hallett
lordstownmotors@ottoandfriends.com  


(https://www.globenewswire.com/NewsRoom/AttachmentNg/ee758de7-cb44-4343-a7fe-bc6163bf04b7)



GlobeNewswire, Inc. 2021
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