RIDE Projected Dividend Yield

Lordstown Motors Corp ( NASDAQ : RIDE )

Lordstown Motors is an original equipment manufacturer of electric light duty vehicles focused on the commercial fleet market. Co. is engaged in developing its primary vehicle, the Endurance™, an electric full-size pickup truck. The Endurance has four electric in-wheel hub motors. Co. has a supply and licensing agreements with Elaphe Propulsion Technologies Ltd. to produce the initial batch of required hub motors. Each hub motor and inverter pair are controlled by a central supervisory powertrain controller that manages traction, slip and efficiency on an axial basis. Co. has developed its own proprietary powertrain controller software and algorithms using instantaneous torque control.

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