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Old 07-06-2023, 11:13 AM   #801
Martinjlm
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Quote:
Originally Posted by genxer View Post


Have most start-ups intentionally positioned themselves to be acquired? Why else would Lordstown be making a fleet truck with fleet unfriendly (although interesting) 4 hub motors? Who would be candidates for being interested in the company?
No doubt there are a few companies that had at least one eye on attracting venture capital and the other eye on getting acquired. Lordstown was (is?) not one of them. They were focused on commercial applications where the hub motors would have been a non-issue. Can’t say whether they would have presented a better or worse cost position, but there would not have been a capability issue for the fleets they targeted.
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