Lordstown Motors produced 31 Endurance trucks through Jan 3, delivered 6; slow Q1 2023 ramp due to supply chain

NU RIDE INC.

As of Jan 3, 2023, produced 31 vehicles for sale; 6 delivered to customers.
Full homologation and EPA/CARB certification achieved in Q4 2022 for customer sales.
Hub motor component supply constraints are primary limit on production volume and timing.
Expects slow production rate through Q1 2023; about 15 units held for demo/service purposes.
CEO Edward Hightower to present at CES Jan 5; MIH Consortium press conference.

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