Lordstown Endurance Investor Presentation
Endurance: Lower Total Cost of Ownership
>25%
Lower Total
Cost of
Ownership
5Y TCO Comparison¹
Initial Cost
Price Per Unit
Fuel Cost
Maintenance Cost
All-Electric
7,000 lbs.
GVW
75 MPGe
Fuel Economy
3,000 lbs.
Payload
~250 mi
Range
~$360/yr.
Maint. Costs
LMC Endurance
$52,500
$0.13 Per kWh
$5,200
Internal Combustion
6,700 lbs.
GVW
15 MPG
Fuel Economy
2,040 lbs.
Payload
400 mi
Range
~$1,025/yr.
Maint. Costs
Ford F-150
$51,775
$2.57 Per Gallon
$14,280
$5,125
Fed. Tax Credit
Total
Difference
$1,800
($7,500)
$52,000
$19,180
N/A
$71,180
Source: Public sources, third-party analysis, and management estimates. Note: Third party market study available upon request. ¹ Based on Lordstown
TCO calculator publicly available on company website. Assumes annual mileage of 20,000 per year, 5-year service life, and cost of gas of $2.57 per gallon
in the US, the national average as of 09-Dec-2019 per AAA.
Investor Presentation | January 2021
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