02.07.2021 20:55 Uhr, Quelle: Engadget

The DOJ is investigating troubled EV startup Lordstown Motors

The Justice Department is investigating Lordstown Motors, according to The Wall Street Journal. It’s unclear what the DOJ is examining, but the US Attorney’s office leading the investigation often handles fraud allegations. At the moment, Lordstown is also the subject of an SEC inquiry into claims the company made about pre-orders for its upcoming Endurance electric pickup truck. In both instances, the startup says it’s working with investigators.“Lordstown Motors is committed to cooperating with any regulatory or governmental investigations and inquiries,” a spokesperson for the company told The Verge. “We look forward to closing this chapter so that our new leadership – and entire dedicated team – can focus solely on producing the first and best full-size all-electric pickup truck, the Lordstown Endurance.”Lordstown was one of several EV startups that went public last year through what’s known as a special acquisitions company or SPAC. The maneuver

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