Lordstown Endurance Investor Presentation
Investment Highlights
Theme
Energy Transition
Start-Up Culture
Established Infrastructure/Partners
Focused on Cost Conscious Customer
First to Market
LORDSTOWN
Contributing to electrification of the
powertrain that will reduce global CO2
emissions
Experience in starting up new electric
vehicle automotive ventures (e.g.,
Workhorse Group, Tesla)
Near production-ready plant purchased
from GM; GM, Elaphe, Samsung are
among key suppliers
Fleet customers make decisions based on
practicality and wallet; Endurance
estimated to deliver >25% reduction in TCO
vs. similar ICE vehicle over 5-year period
> 100,000 pre-orders (as of 1/11/21;
September 2021 delivery materially ahead
of peers' (more expensive) offering
Investor Presentation | January 2021
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