Lordstown Motors Warning Highlights Cash Needs of EV Startups

The electric-truck maker is seeking more money after getting over $600 million last year, highlighting the difficulties for startups trying to break into a capital-intensive business.

Lordstown Motors Warning Highlights Cash Needs of EV Startups
The electric-truck maker is seeking more money after getting over $600 million last year, highlighting the difficulties for startups trying to break into a capital-intensive business.