Nu Ride Inc.
Nu Ride Inc. (NRDE) reported a net loss of $0.6 million for FY 2025, a significant improvement from a net loss of $8.1 million in FY 2024. The company emerged from Chapter 11 bankruptcy on March 14, 2024, and its current operations focus on resolving bankruptcy claims, prosecuting the Foxconn Litigation, and exploring strategic alternatives. Total operating expenses decreased to...
Lordstown Motors Corp. develops, manufactures, and sells Endurance, an electric full-size pickup truck for fleet customers in the United States. Lordstown Motors Corp. was incorporated in 2018 and is based in Lordstown, Ohio. On June 27, 2023, Lordstown Motors Corp., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.