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[Lordstown Slashes ’21 Production Plans, Says More Capital Needed]( Lordstown Motors Corp Chief Executive Steve Burns poses with a prototype of the electrical car start-up’s Endurance pickup truck, which it’s going to start constructing within the second half of 2021, on the company’s plant in Lordstown, Ohio, U.S. June 25, 2020. Shares of Lordstown Motors tumbled more than 9% throughout after-hours buying and selling after the company slashed its production steering for the year and mentioned it might want to increase extra capital. In a press release Monday, Lordstown CEO Steve Burns mentioned the company has “encountered some challenges” because it prepares to start production of an electrical pickup truck referred to as the Endurance in late-September. Lordstown mentioned it expects to supply — at greatest — half of the automobiles it beforehand forecasted this year. It additionally mentioned its projected bills shall be between $335 million and $350 million, up from between $220 million and $235 million. It additionally lowered its forecast for year-end liquidity from not less than $200 million to between $50 million and $75 million in money and money equivalents. [Read Full Article](   [5 American SUVs We Want In India!]( The American automobile market has SUVs that are fan favorites and some that we are jealous of because we want them in India. They are full-size SUVs that rule the streets with presence, power, and a lot of versatility. They ooze charisma that we want from cars in our market. Today’s article will deal with 5 American SUVs we want in India. Let’s go. Jeep Grand Cherokee L Jeep has been doing great in the country. Jeep, however, has full-size SUVs in America that we do not get to see here, especially, the Grand Cherokee L. This beast of an SUV is 5204mm long, 1816mm tall & 1963mm wide. It gets a 7-seater layout inside the cabin. Also, it gets features like 16-way power-adjustable front seats with memory & massage function, 4-zone climate control, Uconnect 5, 19-speaker premium sound system and many others to make it a great overall product. In terms of safety, the car gets a total of 110 safety features including forward collision warning, adaptive cruise control, active engine management and others. Ford Bronco Ford Bronco as a product needs no introduction in the American car market. The SUV is a true off-roader that can easily take the toughest of terrains with ease. The car was updated to its sixth-generation this year where modern met retro. The car shown above is the Bronco Sport, which is aimed towards the urban buyers and gets a 1.5 L Ecoboost I3-T engine and a 2.0 L Ecoboost I4-T. The bigger Bronco in its base variant shares a 2.3-litre turbocharged engine with the Mustang. This one makes 270bhp and 420Nm of torque. It also gets a V6 engine that makes 310bhp and 542Nm of torque. The car is not only made to be rugged but also be user friendly. It gets features like wireless smartphone connectivity, premium sound system, 12-inch touchscreen infotainment system with SYNC 4, blind-spot detection, lane-keeping assist and many others. [Read Full Article](   [Daimler Aims To Build Hydrogen-Fueled Long-Haul Trucks]( Carmakers have been promising to scrap the inner combustion engine, and now it’s the truckmakers’ flip. But the makers of big 18-wheelers are taking a unique route. Daimler, the world’s largest maker of heavy vans, whose Freightliners are a well-recognized sight on American interstates, stated final week that it might convert to zero-emission automobiles inside 15 years on the newest, offering one other instance of how the shift to electrical energy is reshaping automobile manufacturing with important implications for the local weather, financial development and jobs. The journey away from fossil fuels will play out in another way and take longer within the trucking trade than it should for passenger automobiles. For one factor, zero emission long-haul vans usually are not but obtainable in massive numbers. And completely different expertise could also be wanted to energy the electrical motors. Batteries work effectively for supply automobiles and different short-haul vans, that are already on the roads in important numbers. But Daimler argues that battery energy just isn’t preferrred for long-haul 18-wheelers, at the very least with present expertise. The weight of the batteries alone subtracts an excessive amount of from payload, an vital consideration for cost-conscious trucking corporations. [Read Full Article]( You Might Like [Learn more about RevenueStripe...]( Â
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